Announced
Financials
Tags
Private
United States
logistics tools
Pending
Software
Acquisition
Majority
Friendly
Private Equity
Single Bidder
Synopsis
The Jordan Company-backed Capstone Logistics, a logistics company offering technology-enhanced labor solutions, agreed to acquire all of the assets of MileZero, a software company providing logistics tools to the last mile delivery industry. Financial terms were not disclosed. Through MileZero, Capstone expands its last-mile capabilities and establishes a broader international footprint, adding operations in Australia. "The combination of MileZero software and Capstone's industry-leading executional capabilities allows us to provide our partners with a seamless, end-to-end, last mile delivery solution." Steve Taylor, Capstone CEO.
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