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New Deal


Announced

Completed

Point Pickup completed the merger with PICKUP Now.

Financials

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

Tags

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delivery services

Acquisition

Merger

Friendly

Majority

Delivery Services

United States

Domestic

Private

Completed

Synopsis

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Point Pickup, a provider of enterprise-only, retail-branded fulfillment and delivery services, completed the merger with PICKUP Now, an enterprise-grade, last-mile delivery service focused on larger item delivery and assembly. Financial terms were not disclosed. "We are thrilled to join forces with PICKUP Now and combine our strengths to create a truly exceptional delivery service. This merger not only expands our capabilities but also strengthens our commitment to providing our clients with a comprehensive service offering, a nationwide network of experienced flex workers, all supported by an integrated technology solution," Dauvin Peterson, Point Pickup President.

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