Tech leader in last mile delivery, acquires Miami based start-up

September 13, 2023 03:15 AM AEST | By EIN Presswire

Google News:

Tech leader in last mile delivery, acquires Miami based start-up — Image source: EIN Presswire

Recent News

Top Entertainment Options in Oahu, Honolulu, Waikiki: What Travelers N...

SYDNEY BASED CBD INSIGHTS LIFESTYLE MAGAZINE COMMENCE FEATURES ON CARP...

At London Climate Week, forestry companies launch Natural Capital Valu...

Apple internally weighs bid for ChatGPT rival Perplexity, Bloomberg sa...

MIAMI, FLORIDA, UNITED STATES, September 12, 2023/EINPresswire.com/ -- Tech leader in last mile delivery, acquires Miami based start-up

Tranzit, a last mail delivery provider founded in 2018 and based near Tel Aviv-Israel, announced today it has signed a definitive agreement to acquire all the outstanding shares of DropIT services, a US-based start-up co-founded by entrepreneurs Brett Newman, Ronald Hans and Tal Katz.

Companies will now comprise what will be referred to as “Tranzit USA”, which will be the vehicle via which the company launches into the US market domestic market.

Moshe Schlisser of Shefa Capital will oversee the integration with a talented U.S. based Team comprised of former Deloitte, SAP and U.S. Department of Transportation executives, leading localization and US operations under multiple B2B and B2B facing brands.

The company’s current platform enables real-time last mile delivery across service multiple channels inside the US domestic market including SMB, SME and Retail.

Corporate CEO and founder Eli Maman commented that “With this important acquisition we are now well positioned as a local player, to enter the US market. Together with our newly integrated team, we are excited for this much anticipated entry.”

The transaction is set to close the first quarter of 2024. Details of the transaction were not disclosed.

++++++++++++++++

Contact:

Brett Newman | Ira Poles
Platform & Investor Relations Desk
https://www.dropitnow.co/contact

Brett Newman | Ira Poles
Tranzit USA
email us here
Visit us on social media:
LinkedIn
Other

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.