Velocity Express Company Profile: Acquisition & Investors

Velocity Express Overview

Founded
1993

Status
Acquired/Merged

Employees
2,600

Latest Deal Type
M&A

Financing Rounds
17

Investments
1

Velocity Express General Information

Description

Operator of a time-definite logistics company in North America. The company's services are supported by a customer-focused technology infrastructure, providing customers with the reliability and information they need to manage their transportation and logistics systems, including a proprietary package tracking system that enables customers to view the status of any package via a flexible web reporting system.

Contact Information

Website

www.velocityexpress.com

Formerly Known As

United Shipping & Technology, UST Delivery Systems, U-Ship changes, U.S. Delivery Systems

Ownership Status

Acquired/Merged

Financing Status

Formerly PE-Backed

Primary Industry

Logistics

Acquirer

TFI International

Primary Office

11104 West Airport Boulevard
Suite 130
Stafford, TX 77477
United States

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Velocity Express Valuation & Funding

Deal Type	Date	Amount	Valuation/ EBITDA	Post-Val	Status	Debt

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Velocity Express Comparisons

Description

Primary
Industry

HQ Location

Employees

Total Raised

Post Valuation

Last
Financing
Details

Operator of a time-definite logistics company in North America. The company's services are supported by a customer-focus

Logistics

Stafford, TX

2,600 As of 2013

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Pasay City, Philippines

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Lagos, Nigeria

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Velocity Express Competitors (4)

Company Name	Financing Status	Location	Employees	Total Raised	Last Financing Date/Type
LBC Express Holdings	Corporation	Pasay City, Philippines	00000	0000	00000000000
000	Venture Capital-Backed	Lagos, Nigeria	000	000.00	0000000000 0
0.0. 00000000 0000	Corporation	Eden Prairie, MN	00000		00000000
0000000 0000	Corporation	Chicago, IL	0000