Arle Capital portfolio company acquires Nightfreight
DX Group, a portfolio company of Arle Capital Partners, has acquired British mail, courier and logistics network provider Nightfreight.
The acquisition will yield portfolio synergies for DX Group.
DX Group, a mail and courier service company, was acquired by Arle Capital Partners and European Capital in 2006, in a deal valued at £348.7m. The company was restructured by Arle Capital in 2010.
Company
Nightfreight is a service provider in the field of mail, courier and logistics networks. The company has a parcel sorting and distribution center in Warrington. The company is particularly active in the niche IDW sector, covering parcels of irregular shape and size.
People
Mark Dickenson led the deal on behalf of Arle Capital Partners. Peter Cvetkovic is CEO of DX Group.
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