Priority Courier Experts (“PCE”), a leading provider of same-day logistics services backed by Trident Management and Bluejay Capital, has acquired Priority Dispatch, Inc. and Diamond Expedited (PD/DX), same-day medical, courier and freight delivery and logistics businesses serving the Midwest market.
Why it matters: The deal cements PCE’s market-leading position in three important regions and adds deep healthcare and ecommerce delivery expertise.
Mark Cossack, CEO of Priority Courier Experts: “Priority Dispatch and Diamond Expedited give us decades of expertise and a leading position in three of our top target markets. Their healthcare and ecommerce know-how strengthens what we can offer customers across the entire network.”
The details
- Founded: Priority Dispatch, Inc. launched in 1973 and operates throughout the Midwest; Diamond Expedited launched in 1995 and operates out of the greater Chicago area.
- Footprint: Active in three highly attractive markets: Cincinnati, Columbus and Indianapolis. (Also cover Cleveland, Dayton, Toledo, Detroit, Chicago and Milwaukee!)
- Scale: More than 500 independent-contractor drivers and 43 employees, completing about 250,000 orders a year.
- Services: Medical and healthcare courier work, routed and dedicated delivery, small parcel, on-demand courier, box truck freight, distribution and ecommerce fulfillment.
Jeff Thomas, owner of Priority Dispatch and Diamond Expedited: “For more than 50 years, Priority Dispatch and Diamond Expedited have delivered dependable, high-touch services across the Midwest. Becoming a part of Priority Courier Experts lets us expand into new end markets with our healthcare and long-term care logistics solutions and gives our customers the backing of a larger, national platform.”
Strategic Rationale
The acquisition of PD/DX advances PCE’s strategy on two fronts:
- Expanding services and geographic range — PD/DX deepens PCE’s presence in the Midwest (Ohio, Indiana, Illinois, Wisconsin, Michigan), rounding out PCE’s national same-day and expedited delivery network.
- Helping existing customers grow — By integrating PD/DX’s established regional relationships and vertical expertise, spans parcel, commercial freight, ecommerce and healthcare logistics, with PCE’s broader network and service capabilities, customers of all three companies gain access to an expanded set of solutions to support their own growth.
Alexis Rathborne, Managing Director at Trident Management: “Priority Dispatch and Diamond Expedited are exactly the kind of well-run, founder-led businesses we look for to complement the PCE platform. They bring experienced leadership, loyal customers and a real runway for growth.”
Garrett Anacker, Principal at Bluejay Capital: “Priority Dispatch and Diamond Expedited’s healthcare and ecommerce expertise immediately broadens what PCE can offer. We’re excited to back PCE as it strengthens its position in the country’s most attractive last-mile and expedited freight markets.”
About Priority Courier Experts
Priority Courier Experts (“Priority” or “PCE”) is a Minneapolis–St. Paul-based same-day and next-day B2B delivery provider founded in 1997. The company offers on-demand, dedicated/routed, and fleet-outsourcing delivery services across a diverse fleet of vehicle types, serving customers across healthcare, industrial, ecommerce and other time-sensitive sectors. PCE is backed by Trident and its operating partner Bluejay Capital Advisors. Learn more at priority.com.
About Priority Dispatch and Diamond Expedited
Priority Dispatch, founded in 1973, and Diamond Expedited are same-day and expedited delivery and logistics providers serving the healthcare and ecommerce industries across the Midwest, with operations centered in Cincinnati, Ohio and the greater Chicago area. Learn more at www.prioritydispatch.com and www.diamondexpedited.com
About Trident Management
Trident Management is a private equity firm based in New York specializing in acquiring U.S.-based small businesses across three core sectors: Healthcare, Consumer, and Industrials. Trident primarily invests in family-owned businesses with strong reputations and a track record of success through multiple cycles. www.trident.co
About Bluejay Capital
Bluejay Capital is a Transportation and Logistics industry focused investment firm. The team has more than 120 years of combined operating experience in the sector and is comprised of industry experts with a strong track record of growth and value creation. www.bluejay-capital.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20260825918884/en/
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