Investment Summary

AmEx Invests In Crosstown

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

Investment Highlights
  • 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.

Investment Summary
Date 2022-05-02
Target Crosstown
Sector Transportation
Investor(s) AmEx
Deal Type Acquisition Financing

Target

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(S) 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 STATS #
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
Mergr

Product

Company

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