22 September 2021/Categories: CILT, Industry News, Logistics & Supply Chain
project44 has announced the $255 million acquisition of Convey, a last-mile technology company that powers direct-to-consumer delivery experiences for more than 200 of the world's largest brands.
The acquisition is project44's third this year and largest ever, and extends its real-time supply chain visibility to last-mile, including parcel, courier, white-glove doorstep delivery and visibility into item returns.
Jett McCandless, CEO and founder of project44, said: “project44 is solving today’s most critical business challenge - how to deliver on continuously evolving customer expectations while remaining operationally efficient during unprecedented uncertainty and growing complexity.
“Our acquisition of Convey brings project44 all the way to the front doorstep and helps our partners become more proactive and efficient so they can get people the products they want and need this holiday and beyond.”
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