Pier Enterprises Group Incorporated
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Pier Enterprises Group Incorporated - overview
Established
2006
Location
Jurupa Valley, CA, US
Primary Industry
Logistics & Distribution
About
Pier Enterprises Group Incorporated provides comprehensive logistics solutions, specializing in less-than-truckload (LTL) freight services, warehousing, and customized supply chain management for various industries across the United States. Founded in 2006, Pier Enterprises Group Incorporated operates out of Jurupa Valley, US. The company provides logistics solutions, including freight services and warehousing, and has engaged in a significant deal with Bonsai Venture Capital in July 2022, acquiring the company and emphasizing further market expansion in the US. Pier Enterprises Group Incorporated primarily offers logistics solutions that encompass less-than-truckload (LTL) freight services, warehousing, and customized supply chain management solutions.
The company serves a diverse clientele, including manufacturers, retailers, and distributors across various industries. It operates 16 distribution facilities, providing up to 1 million square feet of warehousing space and ensuring reliable delivery through 13 service centers from the San Francisco Bay Area to the southern border of the US. Pier Enterprises Group Incorporated generates revenue through transactional frameworks based on B2B relationships, primarily servicing business clients with LTL freight and warehousing solutions. The company establishes direct agreements with clients, allowing for customized pricing structures based upon the services utilized, which include contracts for regular freight shipping determined by weight, dimensions, and urgency of delivery.
Following the acquisition in July 2022, Pier Enterprises Group Incorporated aims to maximize its opportunities and pursue expansion across the US market. The company is focusing on enhancing its logistics services and plans to introduce new products designed to improve operational efficiency. Recent funding will support these initiatives as the company endeavors to expand its market presence.
Current Investors
Bonsai Venture Capital
Primary Industry
Logistics & Distribution
Sub Industries
Trucking, Freight Transportation Services, Warehouses, Logistics Software
Website
www.dc-logistics.com
Verticals
Mobile Apps
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Pier Enterprises Group Incorporated - 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 | Pier Enterprises Group Incorporated | - |
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