Combined company to become preeminent logistics provider in the western United States
Salt Lake City, Utah, November 20, 2015—Banyan Ventures, a professional venture-building firm in Salt Lake City, recently invested in Kangaroo Express, a delivery and logistics company based in Durango, Colo.
Kangaroo Express will join forces with Banyan portfolio company Rev It Logistics in providing customized delivery and logistics solutions throughout the western United States. These services include: lastmile, same-day/next-day, and on-demand distribution; white-glove service; warehouse storage; and much more.
Rev It Logistics and Kangaroo Express are experts in navigating the challenging, expansive western terrain and weather conditions. With nearly 50 years of combined experience providing courier services in the area, Rev It Logistics and Kangaroo Express have dedicated line-hauls between key markets in Colorado, Utah, Nevada, Idaho, Wyoming, Arizona, and New Mexico.
“This partnership will allow our companies to become a significant regional player in the delivery and logistics business,” said Joe Civiletto, CEO of Kangaroo Express. “Our combined footprint offers regional and ational shippers a legitimate choice in how they service their accounts.”
With dominant market share in Utah and Colorado, Rev It Logistics and Kangaroo Express are known for roviding timely, safe, and reliable service. The companies’ current customers include several of the country’s ost recognized brands in national retail, express shipping, bulk mail, laboratory companies, and pharmaceutical wholesalers.
“We are very pleased to add Kangaroo Express to our portfolio, and we are particularly enthusiastic bout combining the Kangaroo Express operations with those of Rev It Logistics,” said Banyan Ventures Managing Partner Tyler Thatcher. “Both Kangaroo Express and Rev It Logistics are fanatical about customer ervice, and the geographic coverage of both companies will enable us to provide our customers with an paralleled network in the western United States.”