Kenan Advantage Group
| Company type | Private |
|---|---|
| Industry | Transportation |
| Predecessor | Kenan Transport Company |
| Founded | 2001 |
| Headquarters | North Canton, Ohio , United States |
Area served | United States and Canada |
| Products | Bulk liquid and dry bulk hauling services |
| Owner | OMERS Private Equity |
Kenan Advantage Group (KAG) is a transportation firm based in North Canton, Ohio, United States. Serving clients throughout the U.S. and Canada, the company focuses on hauling bulk liquid commodities using its extensive tanker truck fleet.
History
KAG came into existence in 2001 after Advantage Management Group acquired Kenan Transport Company. Some references indicate 1991 as the year of establishment. In 2010, ownership transferred to Goldman Sachs and Centerbridge Partners when they purchased the company from Littlejohn & Co. for $720 million. Later, in 2015, OMERS Private Equity acquired KAG from Goldman Sachs and Centerbridge.
In 2024, OMERS considered taking KAG public through an initial public offering. During the same year, KAG entered the dry bulk transport market by purchasing Northern Dry Bulk. The company continued to expand this division by acquiring PRM Trucking, XBL Holdings, and Evergreen Transport by early 2025.
Operations
Kenan Advantage Group operates as a privately owned enterprise across North America, primarily utilizing a fleet of tanker trucks dedicated to moving bulk liquid products such as gasoline, diesel fuel, chemicals, and food-grade liquids. In the 2025 ranking by Transport Topics of for-hire freight carriers based on revenue, KAG secured the 20th position with reported earnings of $2.36 billion.