VerifyMe Acquires PeriShip LLC
April 22, 2022
VerifyMe, Inc. acquired PeriShip, LLC (assets) in April 2022, adding PeriShip’s time- and temperature-sensitive parcel management platform and logistics capabilities to VerifyMe’s brand-protection and supply-chain technology offerings. PeriShip, founded in 2001 and headquartered in Branford, Connecticut, provides cold-chain and last-mile resolution services for healthcare, pharmaceutical and food clients; the deal consideration was reported at roughly $10–10.5 million in company filings and press coverage.
- Buyers
- VerifyMe, Inc.
- Targets
- PeriShip, LLC
- Industry
- Logistics & Distribution
- Location
- Connecticut, United States
- Transaction Type
- Buyout
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