M&A Deal Summary

Fleetgistics Acquires Network Express

On March 30, 2009, Fleetgistics acquired distribution company Network Express

Acquisition Highlights
  • This is Fleetgistics’ 1st transaction in the Distribution sector.
  • This is Fleetgistics’ 2nd transaction in the United States.
  • This is Fleetgistics’ 1st transaction in Florida.

M&A Deal Summary
Date 2009-03-30
Target Network Express
Sector Distribution
Buyer(s) Fleetgistics
Deal Type Add-on Acquisition

Target

Network Express

Clearwater, Florida, United States
Network Express, Inc. is a provider of specialized distribution services for pharmacies serving the long term care market.

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Buyer(S) 1

Buyer

Fleetgistics

Orlando, Florida, United States

website

Category Company
Founded 1987
Sector Transportation
DESCRIPTION

Fleetgistics, Inc. is a provider of outsourced same-day, dedicated route logistics services to customers predominantly located on the east coast of the United States. Fleetgistics was formed in 1987 and is based in Orlando, Florida.

DEAL STATS #
Overall 2 of 2
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Florida) 1 of 1
Country (United States) 2 of 2
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-10 Express Courier Systems

West Haven, Connecticut, United States

Express Courier Systems, Inc. an intra-city messenger service providing on-call, same day, and overnight messenger service.

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