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Synopsis
Solano Partners-backed YDLGP, a newly formed company, completed the acquisition of Yodel, a delivery firm. Financial terms were not disclosed. “We’re extremely excited to begin the next chapter of Yodel’s journey, leveraging the scale of our business with the support of new shareholders and the future benefits of the Shift technology platform. Our customers have always been our priority and the transaction announced today allows us to ensure continuity for them, as well as our employees and wider stakeholders,” Mike Hancox, Yodel CEO.
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