M&A Deal Summary

Diligent Delivery Systems Acquires Express Courier International

On May 11, 2022, Diligent Delivery Systems acquired transportation company Express Courier International from LSO

Acquisition Highlights
  • This is Diligent Delivery Systems’ 1st transaction in the Transportation sector.
  • This is Diligent Delivery Systems’ 2nd transaction in the United States.
  • This is Diligent Delivery Systems’ 1st transaction in Tennessee.

M&A Deal Summary
Date 2022-05-11
Target Express Courier International
Sector Transportation
Buyer(s) Diligent Delivery Systems
Sellers(s) LSO
Deal Type Divestiture

Target

Express Courier International

Franklin, Tennessee, United States
Express Courier International provides same-day and on-demand delivery and logistical services for time-critical shipments. ECI services include tailored pick-up and delivery scheduling and customized warehousing services. The company operates 19 offices in five Southeastern states. Express Courier International was founded in 1984 and is based in Franklin, Tennessee.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Diligent Delivery Systems

Houston, Texas, United States
Category Company
Founded 1994
Sector Transportation
DESCRIPTION

Diligent started a local hot shot service in Houston, Texas. Diligent hot shot service started to grow, Diligent customers requested additional services be implemented because of how well we serviced their delivery needs.

DEAL STATS #
Overall 2 of 2
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-22 Boardroom Resources

Greensboro, Georgia, United States

Boardroom Resources LLC is a provider of educational resource for board members. Insights provides reliable resources and third-party content contributed by trusted organizations such as the NACD, PwC’s Governance Insights Center and Spencer Stuart. Boardroom Resources LLC is based in Greensboro, Georgia.

Buy -

Seller(S) 1

SELLER

LSO

Plano, Texas, United States
Category Company
Founded 1991
Sector Transportation
DESCRIPTION

LSO is a provider of parcel delivery services throughout the Southern United States. LSO offers its clients overnight, expedited ground, same-day, and last-mile logistics solutions. LSO was founded in 1991 and is based in Plano, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-11 Express Courier International

Franklin, Tennessee, United States

Express Courier International provides same-day and on-demand delivery and logistical services for time-critical shipments. ECI services include tailored pick-up and delivery scheduling and customized warehousing services. The company operates 19 offices in five Southeastern states. Express Courier International was founded in 1984 and is based in Franklin, Tennessee.

Buy -
Mergr

Product

Company

Legal