BONNER, Mont., January 13, 2022 /PRNewswire-PRWeb/ — Coaster Cycles is headquartered near Missoula, MontanaLeading Provider of Multimodal Vehicles and Technology for the Last-Mile Freight Delivery Market Announces Investment Banker Bryan Crutchfield joins the company as Chief Investment Officer.
“I am delighted to join Coaster Cycles in this capacity after a long relationship with the management team. These are very exciting times for the freight delivery market and the company is perfectly positioned to seize the gap between the last mile and last 50 ft. of delivery.”
“Coaster Cycles’ evolution from a people-centric product manufacturer to a large-scale multi-modal proprietary system for freight delivery is proving to have tremendous value for freight delivery businesses globally. “
“Bryan has been instrumental in the success of Coaster over the past year, both on the financial and strategic side of the business. He shares the same vision of manufacturing in the USA and draws on our experience as operators to develop the future of e-freight domestic and overseas delivery,” said Ben Morris, CEO and Founder of Coaster Cycles.
Crutchfield, along with Palm Tree LLC, acted as exclusive financial advisor to Coaster Cycles and successfully raised $20 million in new working capital, while working closely with the management team and shareholders throughout. throughout the funding process.
Coaster Cycles is helping change logistics and transportation with a one-of-a-kind last mile delivery platform. Coaster Cycles is committed to providing a revolutionary alternative to shipping and service needs. All Coaster models are proudly manufactured in the United States at the company’s 46,000 square foot factory near Missoula, Montana. Follow us on social media – Instagram: @Coastercycles Facebook: @Coastercycles LinkedIn: @Coasterusa
For more information contact:
jesse barthelemyCoaster Cycles, 1-608-445-9468, [email protected]
SOURCE Roller Coaster Cycles