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Proficient Auto Logistics Agrees To Acquire Hansen & Adkins - PAL News | Rallies

Proficient Auto Logistics Agrees To Acquire Hansen & Adkins

PAL•2026-08-10

Proficient Auto Logistics agrees to acquire Hansen & Adkins

Aug. 10 (Reuters) - Proficient Auto Logistics Inc PAL.O:

Proficient Auto Logistics agrees to acquire Hansen & Adkins, strengthening market leadership and creating North America’s largest auto haul provider; announces launch of $75 million convertible bond offering
Proficient Auto Logistics - upfront purchase price $130 million including $75 million assumed debt
Proficient Auto Logistics - potential earnout payments up to $22.10 million based on EBITDA targets

Source text: ID:nGNX3CfWzS

Further company coverage: PAL.O

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