Announced
Completed
Financials
Sources
Tags
Single Bidder
Friendly
Private Equity
Domestic
freight services
Acquisition
Minority
Delivery Services
Private
United Kingdom
Completed
Synopsis
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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