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  6. Universal Express Acquires Swiss American Financial

M&A Deal Summary

Universal Express Acquires Swiss American Financial

On July 1, 2002, Universal Express acquired financial services company Swiss American Financial

Acquisition Highlights
  • This is Universal Express’ 1st transaction in the Financial Services sector.
  • This is Universal Express’ 1st transaction in the United States.
  • This is Universal Express’ 1st transaction in New York.

M&A Deal Summary
Date 2002-07-01
Target Swiss American Financial
Sector Financial Services
Buyer(s) Universal Express
Deal Type Add-on Acquisition

Target

Swiss American Financial

New York, New York, United States
Swiss American Financial Corp. is a financial services company.

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Buyer(S) 1

Buyer

Universal Express

New York, New York, United States
Category Company
Founded 1983
Sector Transportation
Employees37
DESCRIPTION

Universal Express, Inc. is a provider of logistical, transportation, packages and luggage delivery, and equipment leasing services to private postal industry and consumers worldwide.

DEAL STATS #
Overall 1 of 1
Sector: Financial 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: 2002 M&A 1 of 1
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