1st Choice Delivery (“1st Choice”), a leading healthcare focused, last mile logistics platform, announces that it has been acquired by Lanter Delivery Systems, a portfolio company of Audax Private Equity. The transaction marks the successful exit from Northern Pacific Group (“NPG”), which acquired 1st Choice from its founders in 2017. During NPG’s ownership, 1st Choice more than doubled its revenues through a combination of organic growth and strategic initiatives. The company expanded into new geographies, enhanced its operations with the acquisition of 4SameDay, entered additional markets in the Great Lakes region, and advanced its proprietary technology solutions.
Read the full article: 1st Choice Delivery Announces Sale of Business to Audax Private Equity-Backed Lanter Delivery Systems //
Source: https://www.prnewswire.com/news-releases/1st-choice-delivery-announces-sale-of-business-to-audax-private-equity-backed-lanter-delivery-systems-302634809.html