International freight logistics and express courier specialist, ITD Global, has secured a £15 million investment from the UK-based growth capital investor, BGF.
ITD Global is a tech-enabled logistics consolidator, which brokers parcel and freight solutions for eCommerce clients. In the last 12 months, the Heywood-headquartered business has facilitated the delivery of more than 11 million parcels to addresses in the UK and overseas.
The significant investment from BGF will help the multi-award-winning business to deliver its ambitious growth plans through the expansion of its UK depot network, further development of its cutting-edge technology platform, and growing its newer services in fulfilment and returns to provide a holistic service offering to its eCommerce clients, while also strengthening the carrier relationships it has built over its 18-year history.
Currently, the company operates in six locations across the UK, Netherlands, China and Hong Kong, with an additional site in Glasgow opening in early 2023. Featured in the Sunday Times Fast Track 100, the company generated more than £60 million revenue in the last financial year (21/22).
BGF’s Harry Jones will join the ITD Global Board as non-executive director.
