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New Deal


Announced

Completed

BGF completed the investment in Speedy Freight.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Single Bidder

Friendly

Private Equity

Domestic

freight services

Acquisition

Minority

Delivery Services

Private

United Kingdom

Completed

Synopsis

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BGF, an investment company, completed the investment in Speedy Freight, an express freight service provider. Financial terms were not disclosed. “We’ve worked incredibly hard as a brand over the last decade to sustain our year-on-year growth, however now it’s time for something even more bold. Our core offering of agile, reliable, and trustworthy courier services will remain unchanged, but the new funding will allow us to invest in both driver training and the expansion of our fleet, allowing us take on even larger clients in new and exciting industries," Mike Smith, Speedy Freight Managing Director.

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