Priority Courier Experts (PCE) has acquired Priority Dispatch, Inc and Diamond Expedited, strengthening its presence in the Midwest and expanding its capabilities in healthcare, ecommerce and expedited delivery services. PCE, a same-day and next-day B2B delivery provider backed by Trident Management and Bluejay Capital, said the acquisition will strengthen its position in several key Midwest markets while adding established regional expertise and customer relationships.
Priority Dispatch was founded in 1973 and operates across the Midwest, while Diamond Expedited was established in 1995 and is based in the greater Chicago area. Together, the businesses operate across markets including Cincinnati, Columbus and Indianapolis, with coverage extending to Cleveland, Dayton, Toledo, Detroit, Chicago and Milwaukee.
The combined operations include more than 500 independent-contractor drivers and 43 employees. The businesses complete approximately 250,000 orders annually and provide a range of same-day and expedited logistics services. Their services include medical and healthcare courier operations, routed and dedicated delivery, small parcel transportation, on-demand courier services, box truck freight, distribution and ecommerce fulfilment.
Mark Cossack, CEO of Priority Courier Experts, said the acquisition gives PCE decades of operational experience and strengthens its position in three important target markets. He added that the healthcare and ecommerce expertise of Priority Dispatch and Diamond Expedited will broaden the services available to customers across PCE’s wider network.
The transaction supports PCE’s strategy of expanding both its geographic coverage and service portfolio. The addition of the two businesses increases PCE’s presence across Ohio, Indiana, Illinois, Wisconsin and Michigan while complementing its existing national same-day and expedited delivery network.
The companies will also be able to combine established regional relationships and industry expertise with PCE’s broader service capabilities. This is expected to provide customers with access to additional solutions covering parcel delivery, commercial freight, ecommerce and healthcare logistics.
Jeff Thomas, owner of Priority Dispatch and Diamond Expedited, said the companies have spent decades providing delivery services across the Midwest and that joining PCE will provide opportunities to enter new markets and expand healthcare and long-term care logistics services.
Alexis Rathborne, Managing Director at Trident Management, said Priority Dispatch and Diamond Expedited fit PCE’s strategy of partnering with established, founder-led businesses that have experienced leadership and strong customer relationships. Garrett Anacker, Principal at Bluejay Capital, said the acquisition immediately expands PCE’s capabilities in healthcare and ecommerce logistics and supports the company’s growth strategy in last-mile and expedited freight markets.
Priority Courier Experts, based in Minneapolis–St. Paul, was founded in 1997 and provides same-day and next-day B2B delivery services. Its offerings include on-demand, dedicated and routed delivery, as well as fleet outsourcing across healthcare, industrial, ecommerce and other time-sensitive sectors.
Trident Management is a New York-based private equity firm focused on US small businesses in healthcare, consumer and industrial sectors. Bluejay Capital is an investment firm focused on the transportation and logistics industry, with experience in operations, growth and value creation.
