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April 22, 2022
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, PeriShip, LLC by VerifyMe, Inc.
Founded in 2001, and headquartered in Branford, Connecticut, PeriShip is a value-added service provider of shipping and logistics management for the perishable healthcare and food industries. PeriShip’s critical support and essential service offerings include time and temperature sensitive parcel management, predictive analysis, and last-mile resolution. Utilizing the Company’s proprietary IT platform, PeriShip provides real-time information and analysis to mitigate supply chain flow interruption.
“PeriShip with its experienced management team and dedicated employees is excited to embark on a new journey with VerifyMe, a company that embodies the same values and forward-thinking vision. PeriShip facilitated many commercial innovations in its 21-year history filled with achievements and successes, and together with VerifyMe will find synergies to enable the combined company to grow substantially,” said Luciano Morra, PeriShip Founder, President, and CEO.
VerifyMe, headquartered in Rochester, New York, is a technology solutions provider specializing in products to connect brands with consumers. VerifyMe technologies give brand owners the ability to gather business intelligence while engaging directly with their consumers. VerifyMe technologies also provide brand protection and supply chain functions such as counterfeit prevention, authentication, serialization, and track and trace features for labels, packaging and products.
Woodbridge International’s ground-breaking approach to marketing a company globally has transformed the way the sell-side M&A industry does business.