GLOBAL FREIGHT SOLUTIONS (HOLDINGS) LTD / PHOENIX EQUITY PARTNERS / Acquisition / Private

Phoenix Equity Partners ("Phoenix") acquired a 55.9% stake in Global Freight Solutions (Holdings). GFS is a leading provider of parcel and carrier management services to retail and B2B businesses in the UK. Using its proprietary technology platform, GFS arranges delivery of approximately 10 million parcels per year on behalf of over 300 customers, providing these businesses with access to over 1,000 different delivery options through approximately 50 carriers.