Last mile provider FAST Group post-merger collapse: PE sponsor freezes fund amid financial red flags
In the fast-paced world of e-commerce logistics, mergers are often hailed as game-changers, promising synergies, expanded networks and economies of scale. But for FAST Group, the entity born from the August 2025 merger of the Australian package delivery company Sendle, the American FirstMile and ACI Logistix, the honeymoon was short-lived. Just months after the deal…