Roadrunner Transportation Systems has acquired Wichita-based M. Bruenger Trucking for approximately $10.5 million, according to a statement on Roadrunner's website.
Owner Butch Bruenger and his management team will remain with the company.
The deal includes an earn-out provision capped at $3 million if Bruenger meets performance targets. Roadrunner is headquartered in Cudahy, Wisc.
Bruenger was out of the office Wednesday afternoon and couldn't be reached for comment.
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In October, Bruenger announced the sale of the company to Integrated Freight Corp. for $11 million, a deal that failed to close in November.