Announced
Financials
Tags
Acquisition
Third Party Logistics (3PL)
Single Bidder
Friendly
Cross Border
Private Equity
Pending
Majority
United Kingdom
logistics company
Public
Synopsis
HIG Capital, a private equity and alternative assets investment firm, offered to acquire DX Group, a British mail, courier and logistics company, for £315m ($392m). "We are delighted to be announcing this recommended cash acquisition of DX. DX has long established itself as a leading provider of specialist delivery services in the UK, supported by a strong management team, diligent workforce and well-invested infrastructure. We look forward to partnering with the DX management team in accelerating DX's next phase of growth," Tobias Borkowski, HIG Managing Director.
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