Acquisition Financing • Transportation

AmEx Invests In Crosstown

On May 2, 2022, AmEx invested in transportation company Crosstown

Investment Context

This is AmEx’s 1st transaction in the Transportation sector.
This is AmEx’s 1st transaction in the United States.
This is AmEx’s 1st transaction in Tennessee.

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Investment Summary
Date	May 2, 2022
Target	Crosstown
Sector	Transportation
Investor(s)	AmEx
Deal Type	Acquisition Financing

Target Company

Crosstown

LaVergne, Tennessee, United States

Crosstown is a provider of an on-demand and scheduled courier transportation services. Crosstown was founded in 1995 and is based in LaVergne, Tennessee.

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Investor Overview 1

Investor

AmEx

Folcroft, Pennsylvania, United States

Category	Company
Founded	1983
Sector	Transportation

DESCRIPTION

AmEx is a same-day ground courier that specializes in on-demand, expedited transportation and logistics services for customers with time-critical shipment needs. AmEx’s services have expanded over time to encompass air services, a national logistics program, service parts distribution and warehousing, fulfillment, facilities and fleet management. AmEx was founded in 1983 and is based in Folcroft, Pennsylvania.

Deal Context for Investor	#
Overall	1 of 1
Sector: Transportation	1 of 1
Type: Acquisition Financing	1 of 1
State: Tennessee	1 of 1
Country: United States	1 of 1
Year: 2022	1 of 1

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