Echo Global being acquired by private equity firm Jordan Co.

The Supply Chain Journal

In a deal announced Friday morning, the private equity firm Jordan Co., Jordan describes itself as a “middle-market private equity firm” with $17 billion under management. It looks like Wall Street was undervaluing Echo Global Logistics.

Echo had another serious suitor before accepting Jordan’s bid, filing says

The Supply Chain Journal

had emerged before the Chicago-based freight broker accepted in early September a $48.25-per-share all-cash buyout from private equity firm The Jordan Co., In addition, if Amazon was truly serious about buying Echo, it could have very easily topped Jordan’s final $1.3

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