Stockholders of Echo Global Logistics Approve Merger with an affiliate of The Jordan Company

CHICAGO, Nov. 19, 2021 /PRNewswire/ -- Echo Global Logistics, Inc. (Nasdaq: ECHO) ("Echo" or the "Company"), a leading provider of technology-enabled transportation and supply chain management services, today announced that its stockholders approved the proposed merger of Echo and Einstein Merger Sub, Inc. ("Merger Sub"), a Delaware corporation and a wholly owned subsidiary of Einstein MidCo, LLC ("Parent"), a Delaware limited liability company and an affiliate of The Jordan Company, L.P., a global private equity firm, pursuant to the Agreement and Plan of Merger, dated as of September 9, 2021 (the "Merger Agreement"), by and among the Company, Merger Sub and Parent. Subject to the terms of the Merger Agreement, at the effective time of the merger, Merger Sub will merge with and into Echo, with Echo surviving the merger as a wholly owned subsidiary of Parent (the "Merger").