
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.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater