newsfilter
← Latest News
Business Wire·

The Steelman Companies Join Daseke

ADDISON, Texas--(BUSINESS WIRE)--Daseke, Inc. (NASDAQ: DSKE)(NASDAQ: DSKEW), a leading consolidator and the largest owner of flatbed and specialized transportation and logistics solutions in North America, has announced a merger that adds The Steelman Companies to the Daseke family. The Steelman Companies generated an estimated $46 million in revenue and an estimated $7 million in Adjusted EBITDA in 2016. 1, 2 After giving pro forma effect to the merger as well as the additions of the Schilli Companies and Big Freight Systems earlier this year, Daseke’s 2016 revenue and Adjusted EBITDA would have been approximately $818 million and $108 million,3 respectively, a 25 percent increase and a 22 percent increase, respectively, compared to actual 2016 results.