ACQUIRED · 2022
Who Acquired Midwest Motor Express (RAC MME Holdings)?
Knight-Swift Transportation · $150.0M· 5.6× EBITDA
The acquisition
Midwest Motor Express (RAC MME Holdings) (Bismarck, North Dakota) was acquired by Knight-Swift Transportation in 2022 for $150.0M. LTL carrier serving upper Midwest and northern plains. The deal was priced at 5.6× EBITDA / 1.09× revenue.
Midwest Motor Express (RAC MME Holdings) at time of acquisition
Revenue
$137.0M
EBITDA
$27.0M
Deal value
$150.0M
EV / EBITDA
5.6×
Other acquisitions by Knight-Swift Transportation
Recent transactions by the same buyer — useful for understanding their playbook and what they typically pay.
- AAA Cooper Transportation · 2021 · $1.35B · 9.6× EBITDA
Similar trucking acquisitions
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- Cowan Systems, LLC · acquired by Schneider National in 2024 · $390.0M
- Daseke Inc. · acquired by TFI International in 2024 · $1.10B
- AAA Cooper Transportation · acquired by Knight-Swift Transportation in 2021 · $1.35B
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Sourced from Knight-Swift Press Release. Primary source. Full deal page.
Citation: ExitValue.ai. (2022). Midwest Motor Express (RAC MME Holdings) acquired by Knight-Swift Transportation. https://exitvalue.ai/acquired/midwest-motor-express-rac-mme-holdings