M&A Deal Summary

Geodis SA Acquires Need It Now Delivers

On August 16, 2022, Geodis SA acquired transportation company Need It Now Delivers from Palm Beach Capital

Acquisition Highlights
  • This is Geodis SA’s 5th transaction in the Transportation sector.
  • This is Geodis SA’s 3rd transaction in the United States.
  • This is Geodis SA’s 1st transaction in New York.

M&A Deal Summary
Date 2022-08-16
Target Need It Now Delivers
Sector Transportation
Buyer(s) Geodis SA
Sellers(s) Palm Beach Capital
Deal Type Add-on Acquisition

Target

Need It Now Delivers

Flushing, New York, United States
Need It Now Delivers is a private same-day provider serving the United States. Need It Now provides national, same-day ground and air delivery services to a wide range of commercial, industrial, and retail customers. Services are divided between rush, warehousing, fast distribution, and pre-scheduled service. Need It Now Delivers was founded in 1987 and is based in Flushing, New York.

Search 201,157 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

Geodis SA

Clichy, France
Category Company
Sector Transportation
DESCRIPTION

Geodis Sa is a provider of shipping and postal services.

DEAL STATS #
Overall 5 of 6
Sector (Transportation) 5 of 6
Type (Add-on Acquisition) 4 of 5
State (New York) 1 of 1
Country (United States) 3 of 4
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-06 Velocity Transport

Plano, Texas, United States

Velocity Transport is a provider of freight brokerage to shippers and carriers through superior service, efficient, common-sense business practices, and high-caliber, professional associates. Velocity Transport is based in Plano, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-23 Southern Companies

Medley, Florida, United States

Southern Companies is a family-owned business provides a range of import and export services, including warehousing and trucking, to ensure customer goods are moving swiftly through the supply chain. Southern Companies was founded in 1965 and is based in Medley, Florida.

Buy -

Seller(S) 1

SELLER

Palm Beach Capital

West Palm Beach, Florida, United States

Investor

Category Private Equity Firm
Founded 2001
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Palm Beach Capital (PBC) is a generalist private equity firm that specializes in making investments in smaller private companies with at least $5 million in EBITDA. PBC prefers low technology business with high revenue growth rates. Target companies are typically valued between $20 to $300 million. PBC looks to commit $5 to $50 million per investment. Palm Beach Capital was formed in 2001 and is headquartered in Palm Beach, Florida.

DEAL STATS #
Overall 18 of 20
Sector (Transportation) 2 of 3
Type (Add-on Acquisition) 6 of 7
State (New York) 1 of 1
Country (United States) 18 of 20
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-05 React Health

Sarasota, Florida, United States

React Health is a manufacturer and distributor of respiratory management and sleep therapy supplies, oxygen concentrators, and equipment disinfection products. React Health is committed to providing innovative diagnostic, sleep, and respiratory therapy devices, and related disinfection and cleansing offerings. React Health is based in Sarasota, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-22 Earth Systems

Lantana, Florida, United States

Earth Systems is an environmental engineering firm. Earth Systems was founded in 1999 and is based in Lantana, FL, with offices in New Jersey, New York, Colorado, North Dakota, Pennsylvania and Texas.

Buy -
Mergr

Product

Company

Legal