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) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2002) 1 of 1