Announced
Completed
Financials
Sources
Tags
Friendly
Private
Single Bidder
United Kingdom
Outsourced HR and Staffing
Private Equity
Acquisition
Completed
holding company
Majority
commercial services
Domestic
commercial vehicles
Synopsis
Palatine Private Equity completed the acquisition of NRG Fleet Services, a provider of specialist services to the commercial vehicle sector. Financial terms were not disclosed. “Steve and the rest of the management team at NRG have created a stand out national fleet services business, with a strength in supporting complex fleets. On the back of this investment, we look forward to supporting the team to deliver the many opportunities for value creation that present themselves, including a continued buy and build strategy and the further development of NRG’s services, which includes its strong market position for the delivery of electric vehicles," James Winterbottom, Palatine Senior Investment Director.
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