M&A Deal Summary

ShipX Acquires Princeton Logistics

On May 26, 2022, ShipX acquired transportation company Princeton Logistics

Acquisition Highlights
  • This is ShipX’s 1st transaction in the Transportation sector.
  • This is ShipX’s 1st transaction in the United States.
  • This is ShipX’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2022-05-26
Target Princeton Logistics
Sector Transportation
Buyer(s) ShipX
Deal Type Add-on Acquisition

Target

Princeton Logistics

Princeton, New Jersey, United States
Princeton Logistics provides a full range of Capacities to assist your fleet for expansion, seasonal surges, vacation coverage, and extended service areas. Princeton Logistics also provides a variety of equipment including 26' lift-gate trucks, day cabs, and sleeper units for long-distance. Princeton Logistics is based in Princeton, New Jersey.

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Buyer(S) 1

Buyer

ShipX

United States
Category Company
Founded 2021
Sector Transportation
DESCRIPTION

ShipX is a tech-enabled e-commerce transportation delivery service provider.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

Product

Company

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