AUSTIN, Texas--(BUSINESS WIRE)--Newgistics, a provider of small parcel delivery, returns management and freight shipping services, announced today it has acquired AtLast Fulfillment, a Colorado-based provider of fulfillment and warehousing solutions.
This marks a strategic investment for Newgistics, as AtLast Fulfillment’s business is in line with Newgistics’ logistics delivery and return business strategy. This acquisition substantially expands the range of solutions that Newgistics offers, which now includes turnkey solutions that allow emerging e-commerce merchants to work with a single partner for fulfillment, delivery and returns management.
“AtLast Fulfillment and Newgistics share a focus on innovating technology-driven solutions to achieve one main goal: helping our customers provide a positive shopping experience for their customers,” said Bill Razzouk, chairman and CEO of Newgistics. “We are confident the acquisition of AtLast will increase the breadth and quality of services offered to e-tailers and direct-to-consumer merchants and brands,” Razzouk added.
“We wanted to align ourselves with a partner that shared our vision on delivering remarkable customer experiences, as well as do what’s in the best interest of our employees and customers. Newgistics is a perfect fit for AtLast. Our companies share a great deal in common, including our core values, and we are excited to be part of the Newgistics family," said Ted Tanner, CEO and founder of AtLast Fulfillment. Tanner will join the Newgistics executive team as vice president of e-commerce business development.
In 2011, Newgistics was named to the Inc. 5000 list of America's Fastest Growing Private Companies. Newgistics added 45 new employees that year and continues to create new jobs in Austin and its other U.S. locations. The company is expanding its office space in Austin to accommodate projected growth in 2012 and beyond.
About Newgistics, Inc.
Newgistics provides delivery and return solutions, fulfillment, warehousing and freight services for top brands in direct-to-consumer retail and other industries. With Newgistics, shipping goes far beyond moving boxes. Every parcel processed by Newgistics opens up new opportunities for companies to strengthen their brands and improve efficiency – all while saving on shipping costs. That's how Newgistics became a recognized leader in delivery and customer returns. And it's why shipping has a new home. To find out more, visit www.newgistics.com.