We are pleased to announce that a private investor has made an investment in our client, Mach 7.4, Inc. (dba SHIPS-a-Lot). The acquisition closed August 5, 2020 and details were not disclosed.

SHIPS-a-Lot, located in Memphis, Tennessee, is a third-party logistics company that handles e-commerce fulfillment. The Company was founded in 2015 when three e-commerce entrepreneurs were running an online beef jerky company. Trying to scale the business, they looked for a fulfillment center to help with orders as they worked on growth. 

This is when Max and Zach Zitney, and their co-founder Zach Lukaszek, realized that a lot of fulfillment centers were really traditional warehouses converted into "e-commerce fulfillment centers". They decided to create a fulfillment center that truly understood e-commerce and did so with the creation of SHIPS-a-Lot.

Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Senior M&A Advisor, Andrew Byrd, successfully closed the deal. Senior Managing Director Terry Stidham established the initial relationship with SHIPS-a-Lot.

“SHIPS-a-Lot has a bright future and I am glad we found our clients exactly what they were looking for,” said Byrd.