Dancer Logistics Joins Forces with FST Logistics to Expand Services and Reach

Posted on August 02, 2024 by Fusebox Marketing

Delphos, OH – July 31st, 2024 – Dancer Logistics, a distinguished warehousing and transportation company based in Delphos, Ohio, is excited to announce they have been acquired by FST Logistics, a 100% employee-owned, leading third-party logistics (3PL) company headquartered in Dublin, Ohio. This strategic partnership marks a significant milestone in Dancer Logistics’ growth journey and opens new horizons for the company.

Dancer Logistics, known for its state-of-the-art technology, is proud to align itself with FST Logistics, a company with a strong reputation for delivering top-notch logistics and supply chain solutions. This acquisition is a testament to Dancer Logistics’ commitment to enhancing its services and providing greater customer value.

The acquisition of Dancer Logistics by FST Logistics offers several strategic advantages. This move unlocks significant growth potential for Dancer Logistics, allowing it to expand and thrive within the larger framework of the logistics industry. This acquisition also provides Dancer Logistics with valuable access to the extensive customer base and warehouse space that is a hallmark of FST Logistics, enabling them to enhance operational efficiency and competitiveness in the industry.

Spencer Tenney, CEO of M&A Advisory firm, Tenney Group, added, “This is great win for our client and for the fine team at FST. Expect more thoughtful acquisitions with these characteristics in Q3 and Q4 across our industry.”

Here’s what Shawn Dancer, Owner and President of Dancer Logistics, Inc., had to say on the acquisition. “Joining FST Logistics opens new doors for Dancer Logistics and the city of Delphos. Becoming a part of FST not only allows the business to grow but our employees as well. FST’ vision and values align closely with Dancer, and its 100% employee-ownership allows for greater benefits for our employees. We are excited for the future that lies ahead.”

About Dancer Logistics: Dancer Logistics is a Delphos, Ohio-based warehousing and transportation company known for its state-of-the-art technology and over 20 years of experience. With a focus on customer satisfaction and a dedication to safety and reliability, Dancer Logistics has established itself as a leader in the industry.

About FST Logistics: FST Logistics, a 100% employee-owned company headquartered in Dublin, Ohio, is a renowned third-party logistics (3PL) company with a customer-centric approach and a commitment to excellence. The company has a strong track record of delivering comprehensive logistics and supply chain solutions to businesses of all sizes.

About Tenney Group: Tenney Group is a merger and acquisition advisory firm that has been dedicated to the transportation and logistics industry since 1973. Tenney Group primarily provides sale-side advisory services for companies with annual revenues ranging from $20M to $300M.