Radiant Logistics announced it has acquired the operations Cascade Transportation, 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.
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