About Kenan Advantage Group
Kenan Advantage Group is a company based in North (United States) founded in 1989 was acquired by OMERS in June 2015.. Kenan Advantage Group has raised $32.78 million across 3 funding rounds from investors including Goldman Sachs, Centerbridge Partners and Littlejohn. Kenan Advantage Group has completed 17 acquisitions, including AG Trucking, American PetroLog and Carbon Express. Kenan Advantage Group offers products and services including Energy Transport and Food Products Transport.
- Headquarter North, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Kenan Advantage Group, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$32.78 M (USD)
in 3 rounds
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Latest Funding Round
$150 M (USD), Debt – Conventional
Dec 01, 2013
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Investors
Goldman Sachs
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
AG Trucking
& 16 more
- Acquired by
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Products & Services of Kenan Advantage Group
Kenan Advantage Group offers a comprehensive portfolio of products and services, including Energy Transport and Food Products Transport. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Transportation of energy commodities is conducted across the United States and Canada.
Food products are delivered using specialized logistics methods.
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Funding Insights of Kenan Advantage Group
Kenan Advantage Group has successfully raised a total of $32.78M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $150 million completed in December 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $150.0M
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First Round
First Round
(01 Jan 2006)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2013 | Amount | Debt – Conventional - Kenan Advantage Group | Valuation |
investors |
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| Jul, 2010 | Amount | Series B - Kenan Advantage Group | Valuation |
investors |
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| Jan, 2006 | Amount | Series A - Kenan Advantage Group | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Kenan Advantage Group
Kenan Advantage Group has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs, Centerbridge Partners and Littlejohn. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Centerbridge Partners is engaged in alternative investment management.
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Founded Year | Domain | Location | |
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PE firm investing in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kenan Advantage Group
Kenan Advantage Group has strategically engaged in corporate development activities, having acquired 17 companies. Notable acquisitions include AG Trucking, American PetroLog and Carbon Express. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Home - Xcel Bulk Logistics, LLC
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2020 | ||||
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Provider of freight transportation and chemical storage services
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2018 | ||||
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Provider of logistics, transportation, storage, blending, and transloading services to the chemical industry
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Kenan Advantage Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kenan Advantage Group Comparisons
Competitors of Kenan Advantage Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Kenan Advantage Group
When was Kenan Advantage Group founded?
Kenan Advantage Group was founded in 1989 and raised its 1st funding round 17 years after it was founded.
Where is Kenan Advantage Group located?
Kenan Advantage Group is headquartered in North, United States. It is registered at North, South Carolina, United States.
Who is the current CEO of Kenan Advantage Group?
Dennis Nash is the current CEO of Kenan Advantage Group.
Is Kenan Advantage Group a funded company?
Kenan Advantage Group is a funded company, having raised a total of $32.78M across 3 funding rounds to date. The company's 1st funding round was a Series A of $9.15M, raised on Jan 01, 2006.
What does Kenan Advantage Group do?
Kenan Advantage Group was established in 1989 and operates from the North, United States. Bulk transportation services for food-grade products are managed by the company within the logistics sector. Operations encompass the safe handling and delivery of liquids and dry goods to support supply chains. Geographic focus remains on domestic and regional routes, with oversight from CEO Dennis Nash.
What products or services does Kenan Advantage Group offer?
Kenan Advantage Group offers Energy Transport and Food Products Transport.
How many acquisitions has Kenan Advantage Group made?
Kenan Advantage Group has made 17 acquisitions, including AG Trucking, American PetroLog, and Carbon Express.
Who are Kenan Advantage Group's investors?
Kenan Advantage Group has 4 investors. Key investors include Goldman Sachs, Centerbridge Partners, Littlejohn, and OMERS Private Equity.