FAST Group Formed as FirstMile, ACI Logistix and Sendle Merge with Backing from Federation Asset Management
August 7, 2025
FirstMile, ACI Logistix and Sendle have merged to operate as a unified holding company called FAST Group, with the transaction backed by an investment from Federation Asset Management. The combination creates an integrated logistics ecosystem—headquartered in California—that combines FirstMile's first-mile pickup network, ACI Logistix's enterprise-grade sortation and distribution capabilities, and Sendle's tech-enabled parcel services for small businesses and international markets.
- Buyers
- FAST Group, Federation Asset Management
- Targets
- ACI Logistix, FirstMile, Sendle
- Platforms
- FAST Group
- Industry
- Logistics & Distribution
- Location
- California, United States
- Transaction Type
- Recapitalization
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