SDS Rx, a supply chain solutions provider focused on the last mile healthcare market backed by HCI Equity Partners, has acquired Mission Critical Delivery Solutions. Mission Critical is the second add-on acquisition since HCI’s platform investment. Financial terms of the deal have not been disclosed. Mission Critical is a non-asset-based
Data driven, delivery-only virtual food brands increasing revenue for local restaurants. Pembroke VCT, the venture capital trust focused on backing early-stage businesses with exceptional founders and management teams, has invested GBP1 million into Peckwater Brands, the creator of data-driven virtual food brands, which develops delivery-only, fully-serviced food concepts to increase
GreenDome Investments has closed on the acquisition of Elite Co from Prama Holdings. Elite Co is a leading fully integrated land freight and courier solutions providers in the Middle East. The transaction represents one of the region’s largest acquisitions in the logistics market and is the first of many acquisitions
everstox closes 20 million Series A to expand its Logistics-as-a-Service platform further across Europe. “In today’s agile eCommerce environment, successful merchants scale demand for their businesses in no time. However, scaling logistics and warehousing operations is the missing piece that is still highly complex and breaks all growth momentum. We
UK eCargo bike brand Eskuta Limited, has received a total of GBP1 million worth of funding from The Midlands Engine Investment Fund (MEIF), West Mids Debt Finance Fund, managed by Maven Capital Partners, and backed by the Recovery Loan Scheme (RLS). The business, which has headquarters in Nuneaton, had already
Honeycomb Network, an Imperial College London spinout developing smart charging and storage infrastructure for e-scooters and e-bikes to accelerate micromobility adoption in the UK, has secured GBP127,000 in pre-seed funding from SFC Capital, the UK’s most active seed stage investor. The funding will support the development of prototypes of the
Winch & Co, the Leeds-based boutique private equity firm have recently acquired GBP4 million haulage and logistics company Eclipse Distribution. The firm plans to continue its acquisition trail aimed at logistics and distribution businesses based in the UK that compliments its platform. Shaun Swinburn, Operations Director at Winch & Co,
Offen Petroleum (Offen) has completed two separate transactions where it acquired a portfolio of branded motor fuel dealer contracts from Petroleum Management (PM), a motor fuel distributor headquartered in Platteville, Colorado, and certain logistics assets of Pathfinder Transportation (Pathfinder), a distributor of propane in Missouri, Arkansas, and Oklahoma. Offen
An affiliate of HIG Capital (HIG), a global alternative investment firm with over USD45 billion of equity capital under management, has completed the acquisition of a majority stake in Grupo Ransa (Ransa), a third-party logistics (3PL) player in Latin America. Grupo Romero, one of the largest conglomerates in Peru and
AutoFill, a Dutch deep tech company specialising in inspection workflow processes for the automotive and rail industries, has secured EUR2.6 million in pre-series A funding. The round was led by Innovation Industries, with participation from Deeptech Labs, an accelerator initiated by Arm and The University of Cambridge, among others. Rick
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