Top 10 Mergers & Acquisitions (M&A) Providers for 3PLs (2026)

Your strategic partner for 3PL M&A. Fulfill M&A delivers institutional-grade execution with unmatched sector expertise, proprietary data, and proven results for acquiring or selling logistics companies. With $1B+ in transaction volume advised, 18 closed deals, and an 85% LOI-to-close rate, we combine deep operational knowledge with sophisticated financial analysis to drive successful outcomes.

Armstrong & Associates stands as the logistics industry's premier strategic consulting and market intelligence firm, serving the 3PL ecosystem since 1980. Based in Brookfield, Wisconsin, the company has built an unparalleled reputation for delivering expert guidance on logistics outsourcing, strategic business planning, and market analysis to both 3PL providers and their customers. What sets Armstrong & Associates apart is their unique combination of deep industry expertise, comprehensive market research capabilities, and specialized services spanning consulting, M&A advisory, and expert witness testimony. Their flagship 'Who's Who in Logistics' publication and proprietary benchmarking data provide the industry's most trusted insights into 3PL market trends, performance metrics, and competitive positioning. This wealth of knowledge, combined with four decades of hands-on experience, enables them to deliver strategic value that goes far beyond traditional consulting services.

Capstone Partners is a Boston-based investment banking and financial advisory firm that has been serving middle-market companies since 2001. With a team of 140 professionals, the firm specializes in mergers and acquisitions advisory, capital raising, and comprehensive financial consulting services for privately-owned businesses and private equity-backed companies across various industries including logistics and supply chain. What sets Capstone Partners apart is their deep industry expertise and proven track record in executing complex transactions for middle-market companies. Their integrated approach combines M&A advisory with capital markets expertise, enabling them to provide strategic guidance throughout the entire business lifecycle. For logistics and 3PL companies looking to scale, exit, or optimize their capital structure, Capstone offers the specialized knowledge and relationships necessary to navigate today's competitive market environment.

Cascadia Capital is a Seattle-based investment bank founded in 1999 that specializes in providing strategic financial advisory services to middle-market companies, including those in the logistics and supply chain sectors. With over two decades of experience and a team of 51-200 professionals, the firm offers comprehensive mergers & acquisitions advisory, capital markets solutions, and strategic consulting services designed to help business owners achieve their growth and liquidity objectives. What sets Cascadia Capital apart is their deep sector expertise and hands-on approach to middle-market transactions, particularly their understanding of complex supply chain and logistics businesses. The firm's strategic advisory services provide data-driven insights that help logistics companies make informed decisions about expansion, technology investments, and operational improvements, while their M&A and capital markets expertise enables successful exits and growth financing for 3PL operators and logistics technology providers.

DAK Transportation is an Addison, Illinois-based freight transportation company specializing in comprehensive trucking solutions across the continental United States. With a team of 11-50 employees and a focus on professional driver management, DAK offers three core service lines: long-haul transportation from coast to coast, short-haul same-day delivery services, and dedicated fleet solutions for businesses requiring consistent logistics support. What sets DAK Transportation apart is their commitment to driver satisfaction and customer service excellence. Their professional driver managers ensure that drivers maintain work-life balance while meeting stringent delivery standards, creating a reliable foundation for customer freight needs. The company particularly excels in serving manufacturers who require multiple same-day pickups and deliveries to maintain production line efficiency, while also providing dedicated fleet services for businesses with ongoing transportation requirements.

Greenbriar Equity is a Greenwich-based private equity firm founded in 1999 that specializes in growth capital investments across various sectors, including logistics and supply chain technology. With 37 employees and over two decades of investment experience, Greenbriar focuses on partnering with management teams of established companies that are positioned to capitalize on significant growth opportunities. The firm brings domain expertise and an extensive network to help accelerate portfolio company growth while maintaining a partnership-focused, risk-sensitive investment approach. What sets Greenbriar apart in the 3PL and logistics technology space is their commitment to working closely with passionate, well-aligned management teams to execute specific value creation plans. Rather than simply providing capital, Greenbriar acts as a strategic partner, leveraging their industry knowledge and connections to help logistics and technology companies scale operations, expand market reach, and enhance their competitive positioning in the rapidly evolving supply chain landscape.

Houlihan Lokey stands as the world's leading investment banking firm specializing in mergers and acquisitions, financial restructuring, and financial advisory services for middle-market companies. Founded in 1972 and headquartered in Los Angeles, the firm has built an unparalleled reputation in the logistics and supply chain industry, helping 3PL operators, technology providers, and logistics companies navigate complex transactions and strategic transformations. With 2,700 professionals globally and recognition as the No. 1 investment bank for global M&A transactions in 2024, Houlihan Lokey brings deep sector expertise and a proven track record to every engagement. What sets Houlihan Lokey apart in the logistics sector is their comprehensive understanding of industry dynamics, from traditional 3PL operations to cutting-edge supply chain technology platforms. Their financial restructuring group—the largest of any investment banking firm with nearly 300 dedicated professionals—has extensive experience helping logistics companies optimize their capital structure and navigate operational challenges. Whether facilitating strategic acquisitions of warehouse automation technology, advising on 3PL consolidation transactions, or providing valuation services for logistics real estate portfolios, Houlihan Lokey serves as a trusted advisor to companies seeking to capitalize on the rapidly evolving logistics landscape.

Livingstone Partners is a Chicago-based investment banking firm founded in 2007 that specializes in middle-market mergers and acquisitions and debt advisory services. With a team of 110 professionals, the firm has established itself as a trusted advisor for companies in the logistics and supply chain sector, providing comprehensive financial advisory services to facilitate growth, transitions, and strategic transformations. The company's expertise spans sell-side and buy-side M&A transactions, as well as sophisticated debt structuring solutions. What sets Livingstone Partners apart is their deep understanding of the logistics and 3PL industry dynamics, combined with their ability to structure complex transactions that maximize value for all stakeholders. Their proven track record includes successfully guiding numerous logistics companies through strategic exits, facilitating platform acquisitions for growth-oriented buyers, and securing optimal financing solutions through their extensive network of private debt providers. The firm's aligned incentive structure ensures that client success remains the primary focus throughout every engagement.

Logisyn Advisors is a boutique investment banking firm founded in 2020 that specializes exclusively in mergers and acquisitions within the logistics and supply chain industry. Based in Chicago, the 22-person team brings decades of collective experience and over 200 closed transactions to help logistics companies navigate complex M&A processes. Unlike generalist investment banks, Logisyn's deep industry expertise allows them to understand the unique challenges and opportunities within the 3PL, transportation, warehousing, and supply chain technology sectors. The firm offers three core services: sell-side advisory to maximize company valuations and find strategic buyers, buy-side advisory to identify and execute strategic acquisitions, and enterprise valuation services to help companies understand their current worth and growth potential. Their industry veteran team has built multinational logistics companies both organically and through acquisition, providing clients with practical insights beyond traditional financial advisory services.

Matrix Capital Markets is a Richmond, Virginia-based investment banking and financial advisory firm that has been serving the logistics and supply chain industry since 1988. With over three decades of experience and a focused team of 50 professionals, Matrix specializes in mergers and acquisitions, capital advisory services, and business valuation for companies across the 3PL ecosystem. Their deep understanding of the logistics sector enables them to provide strategic financial guidance during critical business transitions, from growth capital raises to complete ownership transfers. What sets Matrix apart in the logistics space is their comprehensive approach to financial advisory services, combining M&A expertise with sophisticated valuation capabilities and capital markets knowledge. They work with 3PL operators, logistics technology companies, freight brokers, and supply chain service providers to navigate complex financial transactions, whether seeking growth capital, planning exit strategies, or evaluating acquisition opportunities. Their experience spans the full spectrum of logistics subsectors, making them a trusted advisor for companies looking to scale, consolidate, or optimize their capital structure in an increasingly competitive marketplace.

Stifel is a century-old financial services powerhouse founded in 1890 and headquartered in St. Louis, Missouri. With over 9,000 employees, the firm has built a reputation as a trusted financial advisor, providing comprehensive wealth management, investment banking, and advisory services to individuals, families, institutions, and corporations. What sets Stifel apart is their commitment to building long-term relationships as trusted advisors, offering personalized guidance and clarity to help clients navigate complex financial landscapes. While Stifel operates primarily in traditional financial services rather than logistics technology, their expertise in mergers and acquisitions, capital markets, and corporate finance makes them valuable partners for 3PL companies and logistics enterprises seeking financial advisory services, growth capital, strategic acquisitions, or public offerings. Their deep industry knowledge and relationship-focused approach has made them go-to advisors for companies looking to scale, optimize capital structure, or execute strategic transactions in the evolving logistics and supply chain sector.

TransDigm Group is a leading designer, manufacturer, and supplier of highly-engineered aerospace components and systems that are critical to commercial and military aircraft operations. Founded in 1993 and headquartered in Cleveland, Ohio, the company has built a portfolio of proprietary products through strategic acquisitions and organic growth, serving original equipment manufacturers (OEMs) and the global aerospace aftermarket. With over 16,500 employees worldwide, TransDigm operates through multiple subsidiaries that specialize in mission-critical components including actuators, ignition systems, power conditioning devices, specialized pumps, valves, and cockpit security components. What sets TransDigm apart is their value-based operating strategy that focuses on highly-engineered, proprietary products with significant barriers to entry and substantial aftermarket revenue streams. The company's disciplined acquisition approach targets businesses with strong market positions in niche aerospace applications, allowing them to maintain premium pricing while delivering exceptional reliability and performance. Their products are essential for aircraft safety and operation, creating long-term partnerships with major aerospace manufacturers and operators globally.