Announced

Apollo to acquire Evri from Advent International in a £2.7bn deal.

Synopsis

Apollo, an American asset management firm, agreed to acquire Evri, a parcel delivery company, from Advent International, an American global private equity firm, in a £2.7bn deal. “We are incredibly proud of the transformative changes that have enabled Evri to efficiently scale while maintaining our focus on on-time delivery and an environmentally responsible model. We want to thank the team at Advent for their partnership over the past five years and providing the business with a strong foundation for continued expansion. In this next chapter we are excited to partner with the Apollo team to execute on the compelling growth opportunities we see ahead,” Martijn de Lange, Evri CEO.

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