Stratrix
On the Record · Daseke

Daseke acquisitions, on the record

The businesses Daseke bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Hennessy Capital Acquisition Corp. II
Word for word“On February 27, 2017, Hennessy Capital Acquisition Corp. II (Hennessy), a special purpose acquisition corporation, consummated the merger of Hennessy’s wholly-owned subsidiary with and into Daseke, Inc. (Daseke, the Company, we, us or our), with Daseke, Inc. surviving as a direct wholly-owned subsidiary of Hennessy (the Business Combination).” 10-K for 2021
mergerFebruary 27, 2017—
Aveda
Word for word“Im pairment expense was $15.4 million for the year ended December 31, 2020 and consisted of $13.4 million in our Specialized Solutions segment related to the Aveda divestiture, and $2.0 million in our Flatbed Solutions segment related to a tradename impairment resulting from the reorganization of two of our operating companies.” 10-K for 2021
divestiture——
open-deck trucking companies
Word for word“Business combinations – Since its inception in late 2008 through 2018, the Company acquired 20 open-deck trucking companies.” 10-K for 2021
acquisitionSince its inception in late 2008 through 2018—
SJ Transportation Co., Inc. (SJ Transportation)
Word for word“On March 3, 2022, the Company acquired 100 % of the outstanding stock of SJ Transportation Co., Inc. (SJ Transportation) for consideration net of cash acquire d of $ 19.1 million, which was funded with cash on hand.” 10-K for 2022
acquisitionOn March 3, 2022—
SJ Transportation
Word for word“This change is primarily due to a $19.1 million cash payment in 2022 for the SJ Transportation acquisition that did not reoccur in 2023, a decrease of $11.8 million in cash equipment purchases, and a decrease of $9.9 million in cash receipts from sales of property and equipment for the year ended December 31, 2023.” 10-K for 2023
acquisition2022$19.1 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2017-12-31$279.8 million—
2018-12-31$131.7 million—
2020-12-31$0—
2021-12-31$0—
2022-12-31$19.1 million$3.4 million
2023-12-31$0—

Deal filings since 2016

Read from Daseke’s annual reports (10-K for 2023, 10-K for 2022, 10-K for 2021) and the financial data it files with the SEC, as of 2024-03-07. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.