PE Tech Report

Transport & Logistics

Surrey-based logistics specialist secures GBP2.5m investment

Surrey-based fulfilment and national delivery business Diamond Logistics has secured a GBP2.5 million investment from BOOST&Co. The funding will be used to continue developing the firm’s ‘one-stop’ logistics platform Despatchlab, accelerate the growth of its network and build on the demand created by the UK lockdowns.   Established in 1992

Storebox raises EUR52m in financing

Vienna-based logistics and warehousing start-up, Storebox, has just raised EUR52 million in a series B investment round.  The new investors are mostly international, and include Activum SG, Attila Balogh, Kineo Finance, n3K Holding, Senger-Weiss, Wicklow Capital and Wille Finance. Existing investors Romulus (Hansi Hansmann) and APIC Investments also participated in

Vauban Infrastructure Partners acquires SPER

Vauban Infrastructure Partners (Vauban) has acquired SPER – Sociedade Portuguesa para a Construção e Exploração Rodoviária, and Planestrada – Operação e Manutenção Rodoviária, two companies that manage a 113 km shadow-toll road on IP-2 in the province of Baixo Alentejo (Portugal).  Through this acquisition Vauban strengthens its investment in the

SPAC Queen’s Gambit to acquire mass transit platform Swvl

Queen’s Gambit Growth Capital (Queen’s Gambit), the first special purpose acquisition company (SPAC) led by women, is to acquire Swvl, a Dubai-based provider of transformative mass transit and shared mobility solutions, in a deal that will see Swvl becoming a publicly listed company.  Upon completion of the proposed transaction, the

Mercedes-Benz acquires the electric motor and controller technology company YASA

Mercedes-Benz has acquired YASA, a specialist in next-generation electric drive technology. YASA’s proprietary axial-flux electric motors offer enhanced performance over radial electric motor technologies. YASA’s e-motors deliver the greatest efficiencies and highest power densities in class for the smallest possible size and weight. Following the acquisition, YASA and its 250

PE-backed EV Cargo announces strategic plan to surpass USD3bn of revenue

Hong Kong-headquartered, EV Cargo, a global freight forwarding, supply chain and technology company, has outlined ambitious plans for growth and expansion.  EV Cargo, which manages supply chains for the world’s leading brands, is targeting to grow from its current base of USD1.4 billion and surpass USD3 billion of revenue by

Westbridge exits AJM Healthcare

Private equity firm WestBridge has exited its investment in portfolio company AJM Healthcare following the company’s acquisition by Livingbridge. AJM provides wheelchair and mobility solutions to the NHS, Local Authorities and individuals across the UK. The transaction marks the first exit from the firm’s second fund and has been completed

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