Platinum Equity
Mergers. Acquisitions. Operations.

Mergers. Acquisitions. Operations.

MXD Group

Transportation & Logistics · Corporate Divestiture · Acquired in May 2013

Provider of home delivery and logistics solutions serving the retail industry in the United States and Canada.

 
MXD Group is a North American logistics solutions provider.

KEY FACTS

  • Specializes in high‐touch “white‐glove‟ delivery services for North American retail brands across a variety of consumer product segments, including furniture, bedding, appliances, electronics and office supplies.  
  • Company has long-standing relationships with blue-chip national brands such as Williams-Sonoma, Sears, Restoration Hardware, Office Depot and Crate & Barrel.
  • Utilizing an independent contractor workforce, MXD Group executes ~2.3 million deliveries annually.

INITIATIVES

  • Comprehensive rebrand launched following acquisition from Exel Inc., a subsidiary of Deutsche Post DHL.
  • Identified significant opportunities for operational improvement, including reduction of operating costs, expansion into new customer segments and industry verticals, and improved labor utilization.
  • Top nine customers are national retailers, wholesalers and manufacturers with an average relationship tenure of approximately 10 years.
  • Business operates in a large, highly-fragmented market, providing opportunities for add-on acquisitions to increase scale.

NEWS

updated 10/13