Radiant Logistics acquires operations of Viking Worldwide, terms not disclosed

Radiant Logistics announced it has acquired the operations of Viking Worldwide, a Minnesota based, privately held company with operations in both Minneapolis, Minnesota and Houston, Texas that has operated under the company’s Service By Air brand since 2012. The company structured the transaction similar to its previous transactions, with a portion of the expected purchase price payable in subsequent periods based on the future performance of the acquired operations. Founded in 1993, Viking services a diversified account base specializing in the high-tech, brand management, life-sciences, and trade show industries from its strategically located mid-west gateway location in metro Minneapolis/St. Paul. On a post-closing basis, Viking will continue to operate under the Service By Air brand and is expected to transition to the Radiant brand over the course of 2024 as Viking’s Minneapolis operations combine with existing company-owned operations in the area.