An affiliate of HIG Capital (HIG), a global alternative asset investment firm with $60bn of capital under management, has completed the take-private acquisition of DX Group (DX), a British mail, courier and logistics company, for an aggregate consideration of £307m.
DX, which is based in Slough, was previously listed on the London Stock Exchange’s AIM market. The company provides a range of specialist delivery services, particularly last mile delivery solutions, to both business and residential addresses across the UK and Ireland.
Since its founding in 1993, HIG has invested in and managed more than 400 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $53bn.
