Roadrunner Transportation Services buys Bullet Freight Systems
Bullet Freight Systems Inc., based in Anaheim, has been purchased by national trucking company Roadrunner Transportation Services Holdings Inc.
“For the customer it’s business as usual, and there shouldn’t be any change in the personnel they deal with or anything,” said Dave Brauer, Bullet’s director of risk management and human resources.
The terms of the sale were not released, and calls to Roadrunner and its owner, private-equity firm Thayer/Hidden Creek, were not returned Monday.
Bullet was founded in 1986 and operates out of Los Angeles, Chicago, Portland, Ore., and Seattle.
Bullet has more than 100 employees, said Andre Guardi, managing director of B. Riley and Co., a Los Angeles investment bank involved in the sale.
Roadrunner, based in Cudahy, Wis., had more than $600 million in revenue last year, Guardi said.