Ridgefield Partners Facilitates Dedicated Carriers, Inc. Sale to Ready-2-Xecute

On September 26, 2025, Ridgefield Partners cheerfully announced the acquisition of Dedicated Carriers, Inc. (DCI), a well-established multimodal over-the-road (OTR) third-party logistics (3PL) firm based in Tampa, Florida. This strategic move comes as DCI partners with Ready-2-Xecute (R2X), an expedited 3PL service known for its customer-focused approach and headquartered in Indianapolis, Indiana.

Founded by Danny Mills in 1994, DCI has carved a niche in the logistics sector, offering a versatile range of services that span numerous transportation modes. From flatbeds and specialized oversized shipments to refrigerated transport and less than truckload (LTL), DCI boasts the expertise necessary to meet diverse client needs effectively. This extensive service portfolio has been integral to DCI’s long-standing commitment to customer satisfaction.

In contrast, R2X, founded in 2020 by Joel Hale, has rapidly established itself as a leader in the logistics scene in Indianapolis. The company distinguishes itself through an unwavering focus on the customer experience and fostering a mission-driven workplace culture. Hale's vision has facilitated swift growth for R2X, positioning it as a competitive player among 3PL providers.

Danny Mills, the founder and CEO of DCI, expressed his enthusiasm about the transition, stating, “We launched Dedicated in 1994 with a simple goal of providing great services for our customers. Dedicated was able to achieve that goal by hiring and retaining some of the best talent in the industry.” He also highlighted the cultural alignment between DCI and R2X, stating his excitement about the partnership, which he believes will allow DCI to thrive.

Hale echoed these sentiments by welcoming DCI's employees into the R2X family, emphasizing the mutual cultural synergy. He noted, “Our customer-focused culture aligns perfectly with the Dedicated team. We are looking forward to expanding our Tampa, Florida office to continue supporting our clients and team members.” This emphasis on growing while prioritizing customer satisfaction is expected to enhance service delivery for both companies.

Ridgefield Partners played a crucial role as the exclusive sell-side advisor during this acquisition. Eric Meek, Managing Director at Ridgefield, shared his thoughts on the process, “Ridgefield was fortunate to be the exclusive sell-side advisor for Dedicated Carriers. We introduced Danny and his team in July and quickly found the ideal partner in R2X.” He noted the smooth transaction process was largely due to the cultural and operational alignment of the two firms, which led to the timely completion of the acquisition.

Supporting Eric Meek were partners Todd Harman and Michael Seeley, who provided essential advisory services throughout the acquisition process.

Ridgefield Partners is a renowned mergers and acquisitions firm that specializes in middle-market companies across North America. With a proven track record in private equity and investment banking, Ridgefield combines invaluable industry insight with practical experience as it continues to facilitate successful business transactions.

For more information about Ridgefield Partners and their services, you can visit their website at ridgefieldpartners.com. Through strategic partnerships and mergers, firms like DCI and R2X are set to elevate their service offerings and foster sustainable growth within the logistics landscape.