• Subscribe
  • Log In
  • Sign up for email updates
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

The Texas Lawbook

Free Speech, Due Process and Trial by Jury

  • Appellate
  • Bankruptcy
  • Commercial Litigation
  • Corp. Deal Tracker/M&A
  • GCs/Corp. Legal Depts.
  • Firm Management
  • White-Collar/Regulatory
  • Pro Bono/Public Service/D&I

Dallas’ Worldwide Express to Merge in Huge PE-backed Logistics Move

June 12, 2021 Anna Butler

Two massive logistics providers backed by well-known private equity firms are set to combine, Worldwide Express and GlobalTranz Enterprises announced on June 11.

The merger of Worldwide Express, which is the second-largest privately held freight brokerage company in the U.S., and fast-growing GlobalTranz is set to tap into a quickly consolidating industry primed for technology-minded progress through data asset delivery and analytics as customers seek an edge over competitors with their third-party needs.  

GlobalTranz’s current lead investors include Providence Equity Partners and PSG. Ridgemont Equity Partners acquired Dallas-based Worldwide Express in 2017, merging its Unishippers Global Logistics portfolio company into the entity at the time.

CVC Capital Partners, which is looking to its funds to underpin the combination, is leading the consortium in the transaction.

Ridgemont and the management teams of Worldwide Express and GlobalTranz are expected to retain a significant stake upon the close of the merger. 

The consortium picked Fidus Partners, William Blair, and Jefferies as its financial advisors.

Worldwide Express, which is led by Tom Madine as chief executive and Rob Rose as president, selected Harris Williams and J.P. Morgan to serve as financial counsel.

As legal counsel, Worldwide Express’ management team selected Block & McNeill, a Dallas-based boutique firm that has represented the management team in the past and was founded by Fish & Richardson alums.

CVC tapped Dechert as legal advisor, while Providence turned to Weil, Gotshal & Manges and Ridgemont selected Kirkland & Ellis. 

Boston partner Kevin J. Sullivan led the Weil private equity team along with Dallas partner Richard Frye, Boston counsel Jakub Wronski and Boston associate Emily Willey.

For Dechert, corporate and securities partners Mark Thierfelder, Gareth Clark and Jonathan Kim of New York and Allie Misner Wasserman of Philadelpia led the deal team, along with associates Barrett Schitka of New York and Michael Gordon of Philadelphia.

Charlene York serves as Worldwide Express’ general counsel.

Financial terms of the transaction were not disclosed, but Worldwide Express has been edging towards $2 billion in revenue and Phoenix-headquartered GlobalTranz publicly stated plans to target $1.9 billion in revenue this year.

The transaction is expected to close in the third quarter.

©2025 The Texas Lawbook.

Content of The Texas Lawbook is controlled and protected by specific licensing agreements with our subscribers and under federal copyright laws. Any distribution of this content without the consent of The Texas Lawbook is prohibited.

If you see any inaccuracy in any article in The Texas Lawbook, please contact us. Our goal is content that is 100% true and accurate. Thank you.

Primary Sidebar

Recent Stories

  • ‘Whatever It Takes’: San Antonio Lawyer Joins Frontline Flood Recovery in His Hometown
  • Texas-sized Ambition: Huntington Banks on Middle Market with $1.9B Purchase of Prized Veritex
  • CDT Roundup: AI Gets Amped in Somewhat Quiet Week for Deals
  • Zavitsanos Twins Set Their Sights on Filmmaking, Law
  • Genesis Healthcare Files Chapter 11 in NDTX

Footer

Who We Are

  • About Us
  • Our Team
  • Contact Us
  • Submit a News Tip

Stay Connected

  • Sign up for email updates
  • Article Submission Guidelines
  • Premium Subscriber Editorial Calendar

Our Partners

  • The Dallas Morning News
The Texas Lawbook logo

1409 Botham Jean Blvd.
Unit 811
Dallas, TX 75215

214.232.6783

© Copyright 2025 The Texas Lawbook
The content on this website is protected under federal Copyright laws. Any use without the consent of The Texas Lawbook is prohibited.