Announced
Completed
Synopsis
Federation Asset Management-backed FirstMile, a shipping solution provider, completed the merger with ACI Logistix, a small parcel distributor for enterprise clients, and Sendle, a shipping service provider for small businesses. Financial terms were not disclosed. “Each of these three companies have a proud history of cultivating distinct strengths and deep insights into their respective customer needs. By combining our capabilities under FAST Group, we’re creating a complete and powerful logistics ecosystem that can support customers through their entire growth path, as they adapt and compete in an ever-evolving ecommerce landscape,'' Keith Somers, FAST Group CEO.
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