has been recapitalized by
USPack is a leading provider of asset-light, same-day delivery and last mile logistics services.
Senior Team
USPack
Type
M&A Sell-Side
Description
Croft & Bender advised USPack, a leading same-day delivery service provider, on evaluating strategic alternatives, including valuation, marketing, and negotiation. Focusing on a select group with deep sector knowledge, Croft & Bender successfully negotiated the sale of USPack to NewSpring Capital.
has been recapitalized by
USPack is a leading provider of asset-light, same-day delivery and last mile logistics services.
About
USPack is a leading provider of asset-light, same-day delivery services in its key markets in the Northeast, Mid-Atlantic, Midwest and Northwest. The Company has a diversified end-market focus that includes the healthcare, automotive, financial services and retail/e-fulfillment markets.
Situation
The Company engaged Croft & Bender to evaluate a variety of strategic alternatives, which included valuing the Company, drafting the offering memorandum and related materials, marketing the Company, selecting a partner, and negotiating the transaction. The Company did not want to market their deal in a broad auction, so Croft & Bender reached out to a focused group of parties with deep sector knowledge.
Result
Croft & Bender successfully negotiated the sale of the Company to NewSpring Capital.