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Announced

EQT to acquire a majority stake in Parcel2Go from Mayfair.

Synopsis

EQT agreed to acquire a majority stake in Parcel2Go, the UK’s parcel delivery marketplace and e-commerce shipping platform, from Mayfair Capital, a private equity investment firm. Financial terms were not disclosed. ”Parcel2Go is supported by numerous positive secular megatrends and represents a truly thematic investment for EQT. We are excited to continue supporting the company growth by further investing into its new platform, developing new products, and expanding into new markets,” Victor Englesson, EQT Private Equity’s Advisory Partner.

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