Marketwatch.com, part of The Wall Street Digital Network, included an article on January 11, 2012, recognizing Ranger International Services Group, a private equity consolidator specializing in technical services, for its recent award from The M&A Advisor magazine for its acquisition of US Logistics. The merger of US Logistics into Ranger International was deemed one of the “Deals of the Decade” by an independent panel that reviewed 389 nationwide finalists in each of 41 categories.
The transaction combining US Logistics with Ranger International originally won The M&A Advisor’s “Deal of the Year Award” in 2009, for a lower middle market sized merger. US Logistics, Inc., is a North Carolina company specializing in the maintenance, modification, and overhaul of tactical vehicles and aircraft.
Ranger’s advisors on the transaction included a team of Wyche attorneys led by corporate attorney Eric Graben, along with the Patton Boggs law firm in Washington, D.C., and the national accounting firm RSM McGladrey. Senior financing for Ranger International’s growth is provided by Bank of America.