M&A Deal Summary

Package Express Acquires Central Delivery Systems

On March 23, 2023, Package Express acquired transportation company Central Delivery Systems

Acquisition Highlights
  • This is Package Express’ 2nd transaction in the Transportation sector.
  • This is Package Express’ 2nd transaction in the United States.
  • This is Package Express’ 2nd transaction in Texas.

M&A Deal Summary
Date 2023-03-23
Target Central Delivery Systems
Sector Transportation
Buyer(s) Package Express
Deal Type Add-on Acquisition

Target

Central Delivery Systems

Houston, Texas, United States
Central Delivery Systems is a full-service transportation company providing a wide range of tailor-made services to industries such as banking, legal, professional, and pharmaceutical as well as to wholesalers, retailers, distributors, and private individuals. Central Delivery Systems was founded in 1978 and is based in Houston, Texas.

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Buyer(S) 1

Buyer

Package Express

Houston, Texas, United States
Category Company
Founded 1980
Sector Transportation
DESCRIPTION

Package Express is a provider of expedited, same-day local delivery services, primarily serving the Texas market. Package primarily operates in Greater Houston, Dallas / Fort Worth, and Austin / San Antonio. Package Express was founded in 1980 and is based in Houston, Texas.

DEAL STATS #
Overall 2 of 2
Sector (Transportation) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Texas) 2 of 2
Country (United States) 2 of 2
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-23 Guaranteed Express

Dallas, Texas, United States

Guaranteed Express provides freight and small package delivery services, warehouse and distribution solutions, freight forwarding as well as other specialized logistics services for our clients. Guaranteed Express was founded in 1985 and is based in Dallas, Texas.

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