AI Prospecting for Shyft
Company data:
Company size:
27 employeesWebsite URL:
https://shyft.comIndustry
TechnologyHeadquarters:
San Francisco, California, USAInvestment round:
Publicly Traded (N/A)ARR:
N/ALatest news about Shyft
Here are some of the most recent media mentions. Use them in your sales prospecting to qualify a prospect's buyer intent and personalize outreach with the latest company updates
The Shyft Group (NASDAQ: SHYF) has been upgraded to Buy from Neutral by DA Davidson with a $15 price target, following meetings with incoming CEO Barend Fruithof, which revealed strong customer enthusiasm for the Aebi Schmidt merger. The company also appointed Scott Ocholik as Interim CFO effective January 1, 2025[1][3]. Additionally, Shyft provided supplemental information highlighting the merger's potential to create significant value, projecting $2.7 billion in pro forma revenue and $315 million in adjusted EBITDA by 2028, with a strategic vision for longer-term revenue of $3+ billion[5].
The Shyft Group and Aebi Schmidt Group have announced an all-stock merger, creating a leading specialty vehicle manufacturer. At closing, Aebi Schmidt shareholders will own 52% and Shyft shareholders 48% of the combined company, which is expected to generate nearly $2 billion in combined revenue for 2024[2][5].
The Shyft Group announced the first shipments of its Blue Arc Class 4 EV trucks to multiple customers, marking a significant milestone in its electric vehicle offerings[1].
Open job positions at Shyft
This company is actively hiring to fill these roles. Use this for sales prospecting if your solution assists, augments, or provides an alternative for the growing team and position.
