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Announced

Elion Partners completed the acquisition of the four last-mile logistics assets for $216m.

Financials

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Transaction Value£154m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Third Party Logistics (3PL)

United States

Private Equity

Acquisition

logistics

Real Estate

Private

Majority

Completed

Friendly

Single Bidder

Synopsis

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Elion Partners, a vertically integrated private equity real estate investment firm, completed the acquisition of the four last-mile logistics assets for $216m. “By focusing on the attributes prudent to logistics real estate such as clear height, excess parking and drive-around truck access, we have been able to identify value add opportunities that meet the needs of today’s logistics providers. These acquisitions provide additional exposure to high-quality assets in core locations, and we look forward to continuing the expansion of our last-mile portfolio,” James Lambert, Elion Senior Managing Director of Industrial Investments.

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