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New Deal


Announced

Completed

The Firmament Group and Westbrooke completed the investment in ParcelHero.

Financials

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

Tags

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Minority

Private Equity

Private

Acquisition

United Kingdom

Domestic

Express Courier / Parcels

software

delivery services

Completed

Friendly

Synopsis

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The Firmament Group, a tailored capital solutions provider to small- and medium-sized enterprises, and Westbrooke, an asset management company, completed the investment in ParcelHero, a multi-carrier shipping software solutions provider. Financial terms were not disclosed. "We are thrilled to partner with Roger and the entire ParcelHero team to capitalize on the numerous industry tailwinds within the multi-carrier shipping software industry. As an established supply chain investor, we are committed to providing the capital solutions necessary for the ParcelHero team to grow and further develop its robust technology suite," Ted Wong, Firmament Principal.

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