New firm Frost Brooks makes debut deal

Frost Brooks is a newly created firm co-founded by former LDC investment manager Miles Frost – the son of the late Sir David Frost – and Peter Brooks, previously managing director of LDC's London team, and prior to that, CEO of Sovereign Capital.

The firm will seek investments of between £1-10m of growth and buyout capital.

The maiden deal sees Frost Brooks investing capital from its founders as well as through its network of high-net-worth individuals and family offices.

The fresh funding will be used to further Parcel Monkey's growth in the UK and for overseas expansion.

Company
Parcel Monkey is a parcel delivery comparison service, allowing customers to determine the cheapest delivery rates in the UK. The company secures discounts from major courier companies including DHL, Parcel Force and City Link, which it passes on to customers by grouping orders and booking through one account.

Parcel Monkey offers delivery services throughout the UK and to more than 255 international destinations. The company has 300,000 registered customers and has managed more than 600,000 deliveries.

People
Parcel Monkey was founded by Nav Ramiah. Miles Frost is managing partner of Frost Brooks.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• UK / Ireland
• Expansion
• LDC
• Sovereign Capital
• United Kingdom