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New Deal


Announced

Completed

Excel Courier to acquire Custom Courier Systems.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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biomedical services

Private

Completed

warehouse

Natural

United States

Acquisition

delivery

Delivery Services

Single Bidder

Synopsis

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Excel Courier, a high touch, time critical delivery and warehouse management service provider, has acquired Custom Courier Systems, a full-service delivery and warehouse provider, specializing in biomedical services. Financial terms were not disclosed. The acquisition strengthens Excel’s commitment to providing specialized services by adding cold storage options, expanding biomedical clientele and adding a full-service facility. Excel’s six strategic locations in Maryland, Virginia and Pennsylvania grows Excel’s footprint and resources to better serve the Mid-Atlantic. “Custom Courier’s focus on biomedical services is what attracted us to this acquisition. We believe it will complement our current offerings and allow us to provide more services to our present and future clients.” Chris Marchetti, Excel Group CEO and President.

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