Kirkland Advises Daseke on $1.1 Billion Acquisition by TFI International
Kirkland & Ellis is advising North American transportation solutions specialist Daseke, Inc. (NASDAQ: DSKE) on its acquisition by transportation and logistics company TFI International Inc. (NYSE and TSX: TFII) in an all-cash transaction that values Daseke at an enterprise value of $1.1 billion. The acquisition was announced on December 22, 2023. Daseke common stockholders will receive $8.30 per share in cash. The transaction is expected to close during the second quarter of 2024 subject to Daseke common stockholder approval, regulatory approvals and other customary closing conditions.
The Kirkland team is being led by corporate partner Jennifer Gasser and associate Brittany Scheier with assistance from corporate partners David Feirstein and Douglas Bacon; capital markets partner Lanchi Huynh; and executive compensation partner Stephen Jacobson.