Trident's Strategic Investment in Priority Courier Experts: Enhancing Delivery Services and Expanding Market Reach

In an exciting move that promises to revolutionize the local B2B delivery industry, Trident, a leading private equity firm, has announced a strategic investment in Priority Courier Experts. This partnership aims to leverage Trident's expertise in acquiring U.S.-based small businesses and Bluejay Capital's deep knowledge of transportation and logistics to enhance Priority's market position and expand its footprint into new cities.

Priority Courier Experts, a Minneapolis-St. Paul-based delivery provider, has established itself as a leader in the industry since its inception in 1996. With a focus on expedited delivery services, Priority serves customers across various sectors, including building products, third-party logistics, healthcare, electrical equipment, food & beverage, and automotive. The company's extensive fleet, comprising both CDL commercial vehicles and parcel vehicles, ensures efficient and reliable delivery solutions.

As part of the strategic investment, Mark Cossack, formerly President at Priority, will assume the role of Chief Executive Officer. Cossack's extensive experience, combined with the company's existing culture of success, will drive Priority's next phase of development and expansion into new markets. Additionally, Ted Burchell, previously Priority's Executive Vice President, will serve as President and continue to oversee sales and customer service.

The partnership with Trident and Bluejay Capital will provide Priority with invaluable industry insights and growth expertise. Trident, specializing in acquiring family-owned businesses with strong reputations, aims to add value and drive growth post-transaction close. With Bluejay Capital's operating partners boasting over 120 years of combined management-level operating experience in transportation and logistics, the collaboration is poised to deliver outstanding results.

Eric Taylor, Founder and CEO of Trident, expressed his enthusiasm for the partnership, stating, "Priority has built an incredible reputation in the Twin Cities over its nearly three decades of best-in-class service. We are eager to join forces with Mark, Ted, and Bluejay to build upon the strong success the company has achieved to date and to expand its services into new geographies to better serve customers."

This strategic investment marks the third closed platform transaction for Trident American Dreams Fund I, further solidifying Trident's position as a leader in private equity. Since its establishment in 2017, Trident has made seven platform acquisitions across various sectors, including healthcare, consumer, and industrials.

Trident's commitment to acquiring small businesses with strong track records of success aligns perfectly with Priority's dedication to delivering unrivaled same-day and next-day delivery services. Priority's diverse fleet of vehicles ensures that businesses in need of time-sensitive delivery solutions can rely on their quality, flexibility, and reliability.

The partnership between Trident, Bluejay Capital, and Priority Courier Experts represents an unprecedented opportunity for growth and innovation in the local B2B delivery industry. This strategic investment will not only enhance Priority's market position and expand its services into new geographies but also revolutionize the way businesses experience expedited delivery services.

About Trident:

Trident is a leading private equity firm based in New York City. Specializing in acquiring U.S.-based small businesses across the healthcare, consumer, and industrials sectors, Trident is known for its hands-on approach to driving growth and adding value to the businesses it invests in. With a diverse toolkit and a focus on family-owned businesses, Trident aims to catalyze success and deliver exceptional results. For more information, please visit [www.trident.co](http://www.trident.co).

About Bluejay Capital:

Bluejay Capital is an operating partner that actively invests in transportation and logistics businesses. With a team boasting over 120 years of combined operating experience in the sector, Bluejay is committed to driving growth and value creation. Made up of industry experts with a strong track record of success, Bluejay is well-positioned to support and guide businesses in the transportation and logistics industry. For more information, please visit [www.bluejay-capital.com](http://www.bluejay-capital.com).

About Priority Courier Experts:

Priority Courier Experts is a Minneapolis-St. Paul-based same-day local B2B delivery provider. With a diverse fleet of vehicles and a commitment to quality, flexibility, and reliability, Priority offers unrivaled same-day and next-day delivery services. Over its many years in operation, Priority has built a reputation for excellence, making it the preferred choice for businesses in need of time-sensitive delivery solutions. For more information, please visit [www.priority.com](http://www.priority.com).