What did Werner Enterprises pay for FirstFleet Inc.?

Werner Enterprises acquired FirstFleet Inc. for $282.8M in 2026, equivalent to 0.46x revenue. Target revenue was approximately $615.0M.

What multiple did Werner Enterprises pay for FirstFleet Inc.?

0.46x revenue, based on disclosed deal value of $282.8M and disclosed financials.

M&A TRANSACTION · 2026

FirstFleet Inc. acquired by Werner Enterprises

$282.8M· 0.46x revenue

Target

FirstFleet Inc.

Nashville, Tennessee

Dedicated contract carrier serving grocery and baked goods segments with 2,400 tractors and 11,000 trailers

Acquirer

Werner Enterprises

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$615.0M

EBITDA

—

Deal Value

$282.8M

EV/EBITDA

—

Context

This $282.8M acquisition of FirstFleet Inc. by Werner Enterprises sits in the trucking sub-vertical. Werner Enterprises is acquiring as a strategic buyer; see how strategic acquirers typically price trucking businesses on our Trucking strategic buyer-pool page.

Source

Data sourced from Werner Enterprises Press Release — primary source. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology

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Citation: ExitValue.ai. (2026). FirstFleet Inc. acquired by Werner Enterprises. https://exitvalue.ai/deals/firstfleet-inc-acquired-by-werner-enterprises-transportati