M&A Deal Summary

VerifyMe Acquires PeriShip

On April 25, 2022, VerifyMe acquired transportation company PeriShip for 11M USD

Acquisition Highlights
  • This is VerifyMe’s 1st transaction in the Transportation sector.
  • This is VerifyMe’s largest (disclosed) transaction.
  • This is VerifyMe’s 1st transaction in the United States.
  • This is VerifyMe’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2022-04-25
Target PeriShip
Sector Transportation
Buyer(s) VerifyMe
Deal Type Add-on Acquisition
Deal Value 11M USD
Advisor(s) Woodbridge International (Financial)

Target

PeriShip

Branford, Connecticut, United States
PeriShip is a value-added service provider of shipping and logistics management for the perishable healthcare and food industries. PeriShip was founded in 2001and is based in Branford, Connecticut.

Search 200,577 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

VerifyMe

Lake Mary, Florida, United States
Category Company
Founded 1999
Sector Information Technology
Employees50
Revenue 20M USD (2022)
DESCRIPTION

VerifyMe is a technology solutions provider specializing in products to connect brands with consumers. VerifyMe technologies give brand owners the ability to gather business intelligence while engaging directly with their consumers. VerifyMe technologies also provide brand protection and supply chain functions such as counterfeit prevention, authentication, serialization, and track and trace features for labels, packaging, and products. VerifyMe was founded in 1999 and is based in Lake Mary, Florida.

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

Product

Company

Legal