Announced
Completed
Financials
Sources
Tags
logistics services
Private Equity
Private
Minority
Friendly
Completed
Acquisition
Domestic
Third Party Logistics (3PL)
Single Bidder
Ireland
Synopsis
MML Growth Capital, a private equity firm, completed the acquisition of a minority stake in Virginia International Logistics, a provider of transport and logistics services. Financial terms were not disclosed. “We are delighted to have agreed this investment and to partner with MML Ireland through the next phase of Virginia’s journey. Given international delivery trends, the logistics sector continues to expand in terms of expertise and capacity, which creates market opportunities for well positioned and invested businesses. I look forward to working with MML Ireland on our expansion plans. We are all ambitious for the company and intend to grow both organically and by acquisition. With its experience of working with dynamic scaling businesses, MML Ireland is the perfect partner for the next stage of our journey," Ray Cole, Virginia Managing Director.
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