RADIANT LOGISTICS ACQUIRES OPERATIONS OF SEATTLE-BASED CASCADE TRANSPORTATION, INC.

Cascade services a diversified account base including retail, e-commerce, production furniture and tradeshow industries

Radiant Logistics, Inc. provider of technology-enabled global transportation and value-added logistics solutions, has acquired the operations Cascade Transportation, Inc. (“Cascade”), a Seattle-based, privately held company that provides a full range of customized time critical domestic and international transportation and logistics services. The Company structured the transaction similar to its previous transactions, with a portion of the expected purchase price payable in subsequent periods based on the future performance of the acquired operations.

Founded in 1982, Cascade services a diversified account base including retail, e-commerce, production furniture and tradeshow industries. From inception through the date of acquisition, Cascade operated as part of a competing transportation group. On a post-closing basis, Cascade will continue under the current leadership and operate as Radiant Global Logistics (RGL-SEA).

David Comstock of Cascade commented, “Through years of dedicated service, our customers have always remained our top priority. We have been looking for a long-term partner with that same passion for servicing the customer and a shared vision to further advance our business: we found that partner in Radiant. We are excited to now transition the business in a way ensures the continued success of our customers and employees while also enabling the opportunity for growth as part of a larger organization moving forward.”

“We are proud to announce our partnership with the entire Cascade team,” remarked Radiant’s Founder and CEO, Bohn Crain. “We have purposefully positioned ourselves to bring value to logistics entrepreneurs and believe that the Cascade transaction is representative of the broader pipeline of opportunities available to us in the marketplace. We are pleased to be able to support Cascade in this transition and are excited for this next chapter with David and the entire team.”

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