Global express company is the Private Equity Firm to sell

After the past three years income over nearly three, UPS, DHL business dealers before the United States partners worldwide express company has been sold to private equity people management business and not well-known investment business.
Dallas is located in the global express company (WWEX) has more than 150 agents in the United States, is the largest United Parcel Express Services authorized dealers, and 55 transport business to provide freight services, mainly for sale and transport services to small and medium enterprises.
Global express company since 2009 the management team by Fidus investment group and Rotunda capital companies have publicly announced, in August 5th successfully sold to a group of investors, including substantial investment from the management team.
Global express company team was founded in 1995 by chief executive David Kiger. 2009-2012 years, teams will company revenues from $192000000 to more than $550000000.
David Kiger said: "everyone Worldwide Express, and all of the agent partners, concentrate to provide more cost-effective transport services for small and medium sized enterprises. The goal to lead the company to this day."
Global express company president and chief operating officer Tom Madine said: "the company is just starting to transform potential. Global express well positioned itself in the next stage of development."
Rotunda capital investment in 2009 to the global express, before late 2008 global just through a difficult period, the main transportation partner DHL unexpectedly quit the United States market, which led to plunging revenues. Company management layer then and united parcel to establish relations of cooperation, and in early 2009 and a transport business import freight services, now has more than 55 cooperative transport operators.
MYEX Minya Express International
2013-09-04