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M&A TRANSACTION · 2022

Pilot Freight Services acquired by A.P. Moller-Maersk

$1.68B· 13.8x EBITDA

Target

Pilot Freight Services

Pennsylvania

US-based first, middle and last mile and border crossing logistics solutions provider

Acquirer

A.P. Moller-Maersk

Strategic buyer

Disclosed financials at time of acquisition

Revenue

EBITDA

$130.0M

Deal Value

$1.68B

EV/EBITDA

13.8x

Context

This $1.68B acquisition of Pilot Freight Services by A.P. Moller-Maersk sits in the courier delivery sub-vertical. The 13.8x EBITDA multiple paid in 2022 can be compared against the population median for courier delivery transactions of similar size on our Courier Delivery valuation hub. A.P. Moller-Maersk is acquiring as a strategic buyer; see how strategic acquirers typically price courier delivery businesses on our Courier Delivery strategic buyer-pool page.

Source

Data sourced from Maersk Press Releaseprimary 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. (2022). Pilot Freight Services acquired by A.P. Moller-Maersk. https://exitvalue.ai/deals/pilot-freight-services-acquired-by-ap-moller-maersk-transportati