StageAcq - Fin | Alive
About Xpress Global Systems
Xpress Global Systems provides transportation solutions for the floor covering industry. It offers specialized LTL transportation, warehousing, pool distribution, trade and convention shows, home and commercial delivery, floor covering logistics and XGX.
Missing: Xpress Global Systems's Product Demo & Case Studies
Promote your product offering to tech buyers.
Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.
Missing: Xpress Global Systems's Product & Differentiators
Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).
Latest Xpress Global Systems News
Aug 5, 2021
News provided by Share this article Share this article NEW YORK and CHATTANOOGA, Tenn., Aug. 5, 2021 /PRNewswire/ -- Aterian Investment Partners (Aterian), a private investment firm, through its portfolio company Xpress Global Systems, LLC (XGS), is pleased to announce the acquisition of SSBB Inc. and affiliates, together "Michigan Carpet" or "Delta Distribution", a specialized flooring less-than-truckload company headquartered in Grand Rapids, Michigan. The merger of the two companies will strengthen the overall operational footprint and builds upon the strategic growth objective of XGS. "Our acquisition of Delta Distribution complements the overall business offerings of XGS and again marks another meaningful evolution of our portfolio," said Dan Martin, CEO of XGS, "Delta is a very well-run company that expands our network in the Midwest region and creates significant value for our stakeholders." This purchase represents the second acquisition by XGS in the last month, after its acquisition of 7 Hills Transport, as it continues its momentum in the logistics industry. The merger allows the company to expand its services and increase capacity in Indiana, Michigan, Missouri, Ohio, and Pennsylvania. Dan Krasnow, Principal at Aterian, commented, "We are excited to continue to support and invest behind the growth of our platform and remain committed to providing our customers with best in class service. We recognize the strong reputation the Delta team has built and welcome them as part of XGS." About Xpress Global Systems: Xpress Global Systems is the leading expert in the nationwide transportation of floorcoverings. The XGS network of strategically placed, cutting-edge facilities specializes in consolidating, moving, and managing flooring inventory from point-of-origin to final destination. Headquartered in Chattanooga, Tennessee, XGS has been serving its customers for over 30 years and is among the largest independent provider in the industry. For more information, please visit http://www.xgsi.com/ About Aterian Investment Partners: Aterian Investment Partners manages over $700 million of committed capital and invests in industry-leading, middle-market businesses. In collaboration with management, Aterian supports investments throughout an organization, from people to processes, equipment, technology, and social governance, among other areas. For more information, please visit http://www.aterianpartners.com SOURCE Aterian Investment Partners
Xpress Global Systems Frequently Asked Questions (FAQ)
When was Xpress Global Systems founded?
Xpress Global Systems was founded in 1986.
Where is Xpress Global Systems's headquarters?
Xpress Global Systems's headquarters is located at 4080 Jenkins Road, Chattanooga.
What is Xpress Global Systems's latest funding round?
Xpress Global Systems's latest funding round is Acq - Fin.
Who are the investors of Xpress Global Systems?
Investors of Xpress Global Systems include Aterian Investment Partners.
Who are Xpress Global Systems's competitors?
Competitors of Xpress Global Systems include Legacy Logistics and 4 more.
Compare Xpress Global Systems to Competitors
WareIQ develops an e-commerce fulfillment network for online sellers of all sizes. The centralized platform offers e-commerce operations management for shipping, orders, inventory, and warehouse. It was founded in 2019 and is based in Bengaluru, India.
Riverstone Logistics operates as a logistics and delivery service platform. It offers the transport of furniture, appliances, consumer electronics, building materials, warehousing, and facility management. The company was founded in 2017 and is based in Charlotte, North Carolina.
ON Location provides nationwide labor and management services for exhibits, events, and environments. The company provides services including labor supervision, turnkey carpet installations, exhibit logistics, and show service order processing. The company was founded in 1991 and is based in Mount Laurel, New Jersey.
Pallet Logistics of America (PLA) is a logistics company offering recycling and pallet sale services. It offers recycled pallets, repair and return programs, newly manufactured pallets, and others. The company was founded in 2005 and is based in Dallas, Texas.
Arya delivers a comprehensive post-harvest services platform. It provides services including post-harvest warehousing, warehouse receipt financing, rural storage discovery, collateral management, market linkages, and more. The company serves farmers, farmer-producer organizations, financial institutions, commodity traders, corporate agribusinesses, and more. It was founded in 1982 and is based in Noida, India.
Euler Motors builds an EV autorickshaw to carry cargo. It manufactures three-wheeler electric vehicles. The company offers sustainable last-mile logistic solutions that serve clients in the e-commerce and 3PL businesses. It was founded in 2018 and is based in New Delhi, India.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.