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Endless-backed Go Plant Fleet Services acquired major part of Gulliver’s Truck Hire for £13m.

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Completed

Private

Private Equity

freight transportation

Acquisition

delivery and logistics

Friendly

United Kingdom

Delivery Services

Single Bidder

Synopsis

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Go Plant Fleet Services, an portfolio company of private equity form Endless, has acquired a large proportion of the business and assets of Gulliver’s Truck Hire in a deal worth more than £13m. Mark Gallimore, Commercial Director of Go Plant Fleet Services, said: “This is a significant deal that will support major progress in key areas of our business. We’ve developed our nationwide operation with a series of acquisitions in the last 12 months and have taken care to ensure our growth is entirely sustainable. This latest acquisition strengthens both our contract hire and spot hire fleets, reinforces our status as a market leader and further enhances our capacity to deliver an all-encompassing solution for specialist commercial vehicles.” Family firm Gulliver’s went into administration in December, but customers affected by the acquisition have experienced a seamless transition to Go Plant Fleet Services with minimal disruption, according to Mr Gallimore.

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