Pacific Equity to acquire Freight Management from Singapore Post for $650m.

Pacific Equity, a private equity firm, completed the acquisition of Freight Management, a diversified logistics holding company, from Singapore Post, a postal and e-commerce logistics provider company, for $650m. “We are delighted to officially welcome FMH Group to our portfolio. With 27 years of experience supporting Australian businesses to reach their full potential, we’re excited to partner with FMH Group in their next phase. Their ability to scale at pace while maintaining a strong customer focus is a testament to their leadership and team culture. We look forward to working together to unlock new opportunities to build on their impressive momentum,” David Brown, PEP Managing Director.