TrumpCard Inc
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TrumpCard Inc - overview
Location
Costa Mesa, CA, US
Primary Industry
Logistics & Distribution
About
TrumpCard Inc provides specialized logistics solutions focusing on the transportation of heavyweight, time-sensitive shipments across various industries, ensuring operational efficiency and reliability for their clients. Founded in Costa Mesa, US, TrumpCard Inc specializes in logistics solutions for heavyweight, time-sensitive shipments. The company underwent a significant change in ownership in August 2015, when Magnate Worldwide, a portfolio company of CIVC Partners and Magnate Capital Partners, acquired a majority stake. Although specific details on the founder's history are not available, this acquisition marks a pivotal moment in the company’s trajectory.
TrumpCard specializes in mission-critical logistics solutions, focusing on the transportation of heavyweight, time-sensitive, high-value shipments across various industries. Their core offerings include expedited air freight, ground transportation, and specialized logistics services such as white glove handling and climate-controlled shipping. These services enhance the efficiency and reliability of supply chains, catering to sectors such as aerospace, healthcare, automotive, electronics, and entertainment. By providing 24/7 support and advanced tracking technology, TrumpCard ensures that its clients maintain operational efficiency and avoid disruptions.
The company serves a diverse client base throughout the United States, Canada, and Mexico, addressing unique logistical challenges faced by businesses in these markets. TrumpCard generates revenue through transaction-based logistics services tailored to the needs of its clients. The company engages in direct business-to-business transactions, where clients contract for logistics services based on specific shipment requirements. These transactions involve negotiated service agreements outlining pricing based on distance, service type, and urgency.
For instance, a client may utilize TrumpCard's expedited air freight services for a critical shipment, with costs determined by factors such as weight, size, and delivery timeframe. Through its comprehensive service offerings, TrumpCard facilitates seamless logistical solutions that enable clients to meet their operational demands efficiently, establishing itself as a trusted partner in the logistics industry. TrumpCard Inc is strategically focusing on expanding its service offerings and geographic reach. The company plans to develop new logistics solutions, aiming for a rollout of enhanced services by mid-2024, which will cater to emerging markets in South America and Europe.
The recent acquisition in August 2015 is expected to provide the necessary funding for these initiatives, allowing TrumpCard to leverage Magnate Worldwide's resources in pursuing growth opportunities.
Current Investors
Magnate Worldwide Ltd., LLC
Primary Industry
Logistics & Distribution
Sub Industries
Logistics & Distribution
Website
www.trumpcardinc.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
TrumpCard Inc - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | TrumpCard Inc | - |
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