Announced
Completed
Financials
Tags
Cross Border
Majority
Software
Private
Single Bidder
logistics solutions
Private Equity
logistics software
Friendly
Germany
Acquisition
Completed
Synopsis
FSN Capital, a private equity firm, completed the acquisition of a a 77% stake in MHP Solution Group, a provider of logistics software solutions, from Elvaston Capital. Financial terms were not disclosed. “We are thrilled to be partnering with FSN Capital and we are confident that together we can take MHP to the next level. The company has a lot of opportunities going forward and we think that FSN Capital in combination with our existing owners Elvaston Capital will be able to provide exactly the experience and support we need to accelerate growth in MHP. We have already had an early look at some of the operational and strategy tools that FSN Capital can bring to the table and those combined with FSN Capital’s vast experience in supporting technology and technology-enabled businesses we feel is a great match for us and our company,” Jasmino Burkic, MHP CEO.
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