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Mode Global Announces Acquisition Of Rr&F Logistics

Aug 11, 2021•almost 4 years ago

Acquiring Company

MODE Global

Acquired Company

RR&F Logistics

Description

MODE Global, LLC ("MODE Global" or the "Company") announced it has completed the acquisition of RR&F Logistics ("RR&F"). RR&F, an agent of SUNTECKtts, is based out of Rochelle Park, NJ offering full-service transportation services throughout North America. Following the acquisition, MODE Global will now facilitate more than 1.5 million annual customer shipments and generate almost $3 billion of revenue.

Company Information

Company

MODE Global

About

The MODE Global Network of Companies is one the nation's leading logistics and transportation providers. With over 30 years of experience, MODE Global provides efficient reliable service to more than 10,000 customers across a diverse set of end markets and modes of transportation. MODE has relationships with over 75,000 carriers and operates from over 230 offices throughout North America.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed