European mid-market private equity firm Stirling Square Capital Partners (Stirling Square) acquire Logent Holding (Logent), an independent provider of customised contract logistics solutions in Sweden and Norway. The transaction is expected to close in June.
Logent has deep operational capabilities across the full logistics outsourcing value-chain, and its services include Warehousing, Transport Management, Ports Operations, Customs Handling and Staffing & Recruitment.
Logent’s customers include small and medium-sized enterprises in the e-commerce, automotive and industrial sectors.
Henrik Lif of Stirling Square says: “Logent is truly the best-in-class operator in the Nordics. We look forward to partnering with CEO Mats Steen and the Logent team to capture the tremendous opportunity before them.”
Mats Steen, CEO of Logent, adds: “We are delighted to welcome our new shareholder to Logent. In partnership with Stirling Square, we look forward to expanding our breadth of services and solutions to reach new customer segments requiring increasingly sophisticated solutions to handle rising volumes and complexity.”
