HomeDirect combining with MXD
Furniture Today Staff -- Furniture Today, October 7, 2013
LOS ANGELES - Platinum Equity, the private equity firm that recently acquired last-mile delivery provider MXD Group, has acquired delivery provider HomeDirect Inc. and will combine the business with MXD.
MXD, formerly Exel Direct, has a broad base of blue-chip customers and several strategically located hubs, while HomeDirect utilizes customer friendly technology that simplifies the order and tracking process that is critical for delivering e-commerce orders, officials said.
"Bringing together the people, technology, customers and third-party relationships from our two companies creates a powerful combination," said MXD Group CEO David Vieira. "Joining forces with HomeDirect provides us with the market density and assets to improve transit times and diminish touches, resulting in improved quality and service for our customers."
He said the combined business will offer a more complete range of services, including line haul, reverse logistics, warehousing and distribution, deluxing and assembly.
"Throughout the U.S. and Canada, manufacturers, retailers and their respective customers will experience real benefits in terms of speed, consistency of delivery experience and access to a complete suite of offerings from a single provider," added Brian Gallagher, president of HomeDirect.
Both companies have numerous clients in the furniture, electronics and appliance industries.