Worldwide Express’ Worldwide Express’ Success Leads to SaleSuccess Leads to Sale

•Worldwide Express has moved into a significant new stage of growth following its recent sale to a group of investors that includes its management team. The freight company’s revenues grew from $192 million to $550 million between 2009 and 2012, and Worldwide Express now has more than 150 franchises around the world. "Everyone at Worldwide Express, along with all our franchise partners, is laser-focused on bringing more affordable shipping options to small and midsize businesses,” says David Kiger, the company’s CEO and founder.

•Kiger has led Worldwide Express in unprecedented growth since 2008, when DHL, its main shipping partner, withdrew from the U.S. market. Worldwide Express then formed a successful partnership with UPS and, in 2009, added a freight-shipping service that works with a freight network of more than 55 carriers. The success allowed Rotunda Capital Partners, which invested in Worldwide Express in 2009 and helped guide the company’s rebuilding efforts, to sell its investment in the company and provide investors with strong returns.