Centerbridge Acquires Cardinal Logistics

Acquisition recapitalizes Cardinal with a debt-free balance sheet.

National provider of Dedicated and Delivery domestic transportation services, Cardinal Logistics Management, has been acquired by private investment firm, Centerbridge Partners, L.P.

“With the successful completion of this transaction, Cardinal is now better positioned than ever to serve our customers and continue our consistent long-term track record of strong, sustainable growth,” said Vin McLoughlin, chairman of Cardinal.

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