BeavEx Expands Midwest US Network

BeavEx Incorporated (“BeavEx”), the leading national provider of customized, same day delivery solutions, today announced that it has purchased certain of the assets of Des Moines, IA based Priority Courier, Inc., operating commercially as Priority Express. The acquisition of Priority’s customer distribution networks and customer relationships enhances the Company’s Midwest presence, provides BeavEx with new customer relationships and positions BeavEx well to continue to provide its customers with superior service, coupled with added density in the markets serviced.

BeavEx Founder and CEO Mark Tuchmann commented, “We are excited to be formalizing what has historically been a close working partnership with Priority and its President and Founder, Don Wauters. Priority’s service offering, customer relationships and geographic footprint help us expand our existing Beavex network and provide services to a new set of customers. Our expanded industry experience and network creates the ideal platform for meeting our customers’ needs. We look forward to continuing to provide great service to the Priority customer base.” Don Wauters will be joining BeavEx.

Priority is the third acquisition BeavEx has completed this year. The Company continues to evaluate acquisitions of customized, same-day delivery companies as key component of its growth strategy.

The terms of the acquisition were not disclosed.

For questions about this transaction or any other investment opportunities, please contact Kirk Fleischer, Executive Vice President Strategy, at 415-713-3435.

About BeavEx

Headquartered in Atlanta, GA and operating in 47 states and the District of Columbia, with over 4,100 independent contractor owner operators, BeavEx Incorporated is the leading national provider of customized, same day delivery solutions, picking up and delivering mission critical packages for financial services, pharmaceutical, retail/distribution, clinical lab and critical parts customers across the United States.

For more information, customer inquiries can be directed to David Bacic, Senior Vice President Sales, at 404-664-4888.