Daseke to go Public via Merger with Hennessy Capital

Main Street Capital Corporation has announced that Daseke has  entered into a definitive merger agreement with Hennessy Capital Acquisition Corp. II (“HCAC”)  under which HCAC would merge with Daseke, taking a minority position, allowing Daseke to become a NASDAQ-listed public company. 

Daseke is a leading consolidator of the open-deck trucking market and the largest owner and operator of open-deck capacity in North America.  The Daseke family of companies offers daily trucking services across the United States, Canada and Mexico, serving a variety of diverse end markets with its fleet of more than 3,000 tractors and 6,000 flatbed and specialized trailers.

Daseke provides truckload and over dimensional large project moving and full service logistics.

The parties expect the merger will be completed in the first quarter of 2017, and the completion of this transaction will result in the repayment of Main Street’s debt investment and the exit of Main Street’s equity investment in Daseke.

Tags: Daseke, Hennessy Capital Acquisition Corp. II ("HCAC"), Main Street Capital Corporation

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