Citydash
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Citydash - overview
Established
1985
Location
Cincinnati, OH, US
Primary Industry
Logistics & Distribution
About
Citydash provides tailored courier delivery services, emphasizing timely and secure shipments across various industries, including healthcare and retail, ensuring efficient logistics solutions. Founded in 1985 and headquartered in Cincinnati, US, Citydash specializes in customized courier services. The company has primarily operated without notable pivots in strategy. Andrew Gore serves as the CEO of Citydash.
In January 2019, Brixey & Meyer Capital acquired Citydash, LLC, with the financial terms of the deal undisclosed. CityDash specializes in customized courier delivery services, focusing on timely and secure shipments across a variety of industries. Their core offerings include same-day courier services, Less-Than-Truckload (LTL) services, and full truckload solutions, each tailored to meet the specific needs of sectors such as healthcare, retail, legal, and logistics. The same-day service is designed for urgent deliveries, ensuring that time-sensitive shipments are handled with efficiency and reliability.
The LTL service caters to businesses requiring cost-effective solutions for smaller freight that does not necessitate a full truckload, providing a balance of speed and affordability. Full truckload services are available for clients with larger volumes of shipments, ensuring that valuable goods are transported safely and in a timely manner. CityDash operates primarily in metropolitan areas including Cincinnati, Columbus, Dayton, Louisville, Lexington, and Indianapolis, serving a diverse client base that includes local businesses, corporations, and individual consumers across these regions. CityDash's business model revolves around providing delivery services tailored to meet the diverse needs of its clients, with transactions structured around B2B and direct-to-consumer relationships.
Clients typically engage CityDash for one-off services or through contractual agreements that secure regular delivery options at agreed rates. Businesses may opt for ongoing courier services that allow them to send packages regularly, benefiting from the reliability and speed of CityDash's offerings. The pricing structure is designed to accommodate different service tiers, providing options based on urgency, shipment size, and distance. While specific pricing details for these services are not disclosed, the emphasis is on delivering exceptional value through customized solutions that address the unique logistics needs of each client, ensuring both satisfaction and repeat business.
Citydash aims to expand its service offerings and geographic reach in the coming years. Following the acquisition by Brixey & Meyer Capital in January 2019, the company plans to develop new products that cater to emerging logistics needs. Specific timelines for product launches have not been disclosed. Additionally, Citydash is targeting expansion into new markets, including cities not currently served, with a focus on enhancing its presence in various metropolitan regions by the end of 2023.
Current Investors
Brixey & Meyer Capital
Primary Industry
Logistics & Distribution
Sub Industries
Logistics & Distribution
Website
https://www.citydash.com/
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Citydash - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Citydash | - |
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