M&A Deal Summary

Trellus Acquires LocaLI Bred

On February 7, 2024, Trellus acquired business services company LocaLI Bred

Acquisition Highlights
  • This is Trellus’ 1st transaction in the Business Services sector.
  • This is Trellus’ 1st transaction in the United States.
  • This is Trellus’ 1st transaction in New York.

M&A Deal Summary

Date 2024-02-07
Target LocaLI Bred
Sector Business Services
Buyer(s) Trellus
Deal Type Add-on Acquisition

Target

LocaLI Bred

Centerport, New York, United States
LocaLI Bred is a Long Island-based company known for its unique curated gift boxes featuring local artisans and makers. LocaLI Bred is based in Centerport, New York.

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Buyer(S) 1

Buyer

Trellus

Long Beach, New York, United States

Category Company
Founded 2019
Sector Transportation
DESCRIPTION

Trellus is a same-day local delivery & marketplace that has created an integrated delivery system that makes it possible for small, independent businesses to provide fast, reliable delivery. Trellus was founded in 2019 and is based in Long Beach, New York.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1