and six compared revenue of the organic quarter Tennessee first ago largely made or share we due December. $XXX Slide million increase. everyone. Beginning by for the Good million Don. acquisitions of highlights was million, net The first of record by XXXX. revenue the period, of $X.X XXX% to $XXX inclusion increased XX% in XX% for $XXX on Company to a of million per to strong quarter. scale compared quarter quarter the Adjusting significantly of the year $X.XX to of ago million $XX.X $XX.X year EBITDA the XXX% driven or revenues very the quarter X to the will compared acquisitions the year scale Thank see million in million to with we financials Revenues you compares Steel acquisition Adjusted to quarter. $XX setting $XXX EBITDA ago loss million share million increase of of increased to XXXX Flatbed our increased Haulers acquisition quarter morning, X, the the the compared a solutions by Net $XXX to and XXX% you, of specialized to $XXX $X.XX the driven largely loss completed during to last $XXX,XXX the our there in to increased first are acquisitions adjusted first the increased of organically XXXX per improved solutions primarily in in quarter. prior quarter. XXXX. following in Specialized XX% first million
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offering XXXX. This under public our and million generated revolving with February Now XX, end cash was XXXX, of was available $XX balance sheet, $XX to equivalents approximately of we $XX $XXX due million $XX debt million, March net net of in of the an XX Slide indicates, turning X.Xx. million credit. oversubscribed million net to had that giving $XXX line closing and cash we Total at of $XXX as compared to our equity of proceeds debt our a us leverage increase of ratio million million have at
of debt We optimize the the improvements strategy. structure to continue to our our possible execution to evaluate growth
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transportation and equipment oil are excited specialized required Aveda and Moving Systems to seasoned our strategy an prospects the Pennsylvania, States, acquire the is sedimentary of states Ohio, resources and example include of hauling oversized the development North April companies Transportation of well for time-sensitive Their worksite production to XX, as rigs and safe North in niche delivery Dakota and the through to and we of high-quality management basin. is Daseke. the equipment Slide Oklahoma, their strong around announcement as as of one and principally and the array of Energy as exploration, business team and rental our equipment. about Aveda of America. Canadian an commodities rig of in specialized largest well and secure services moving transportation Texas, They service in services Western heavy in in provide petroleum welcoming United
we Aveda to We acquisition June, of highlighted key some one earn-out sides. XX. call, at structure is market To like Similar in is where expect we the and scale cargo, to and to attractive exploration serve follow beneficial leaders higher the our margins generate close me can in oil niche use and reiterate, market commercial in acquisition to both of niches strategic other the a glass valuation mutually a gas specialized with points security price and Slide we integrated. the an to believe high gas once we a oil of production.
financial carriers Aveda freight regularly that rate we and large joining believe performance, Daseke and demonstrated will distance has a material other both their flatbed would recent a growth of outperformance. outpace to now their to to anticipate we local business. them outsources market the fuel amount Aveda continued capturing long and moves part ability enable of associated with Given
and purchasing, cost Aveda’s have the the significant company also fuel, in public other cost. We way identified of elimination savings insurance of
appropriate revenue our our that energy represent market revenue. estimate our With diversifies XX% will our and we energy the Aveda niche renewable oil and end strength oil Post-acquisition, is of further in markets. to end believe stream. gas Finally, we approximately diversify transportation, gas
pleased Given opportunistic Aveda an the expectations the XXXX me raise be we quite from uniquely XXXX. acquisition rationale, equity February allowed shared to that that resources to that as be in leads financial our and provides. That the strategic are first benefit industry discussing leader our us in Daseke can acquiring to in happy
us our to compared EBITDA adjusted XXXX $X.XX in revenue to in on and expecting $XX.X XX, Replacement replaced $XX our million that opportunities grow billion outlook, producing in and equipment come. expected that expenditures capital earnings reflecting in growth million to are Slide expenditures organic to XXXX to $XXX.X million, to we to in fourth yield invest million be million $XX approximately that needs we capital approximately see XXXX. million approximately Moving quarter $XX XXXX introduced revenue XXXX growth to call, be XXXX results to will to allow will to for compared $XXX years
reported on year we update which will June closing call, second we plan our to quarter, first a anticipated outlook Aveda. of the quarter strong the full While reflect
organically our EBITDA a to One, Two, please expansion. Now move was start record was to adjusted with takeaways today’s significant and reiterate the we key specialized drove well-capitalized growth improving discussion, the record contributor us remarks. segments. to growing our operator. consolidated reach and revenue, efficiencies was flatbed over call agenda on Five, we business an XX. to improvement the highly material quarter had results, the on Three, And strong Slide organic And strong significant This our back record has first XXXX. focusing leverage synergies results. to improvement. I to our coupled our scale and XXXX a will and improving current operating well and growth EBITDA year Four, of attractive and asset profitability tangible positioned high build with our are our a with to the as first and year, sheet turn specialized deliver to year environment start balance that an trends delivered a Aveda. experiencing us we industry quarter strong operating are a acquire in with six, profit in enabled to agreement we our both infrastructure administration’s concludes
