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Announced

Elysian Capital to acquire a majority stake in Fastway Couriers from MML Capital and Woodberry Capital.

Synopsis

Elysian Capital, a private equity investment firm specializing in lower mid-market, management buyouts, management buy-ins, build-ups, agreed to acquire a majority stake in Fastway Couriers, one of the largest courier businesses in Ireland, from private equity firms MML Capital and Woodberry Capital. Financial terms were not disclosed. "We’re really pleased to announce this transaction and wish to thank MML and Woodberry Capital for their unwavering support over the past 5 years. The Fastway network, its valued staff and trusted franchisees, have achieved huge successes over recent years and we’re delighted to be backed by the team at Elysian to realise our exciting ambitions over the years to come," Danny Hughes, Fastway CEO.

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