BELGIUM - SEP leads EUR 26m investment in Kiala

Scottish Equity Partners (SEP) has led a EUR 26m funding round for Kiala, an innovative pan-European delivery solutions business. SEP was joined by several other investors, including funds related to La Poste and TPG (TNT Post Group). GP Bullhound, the research-centric technology investment bank, advised Kiala on the round. Brussels-headquartered Kiala, which allows people to pick up parcels when and where it suits them from more than 4,700 dedicated Kiala points across Europe including newsagents, dry cleaners and petrol stations.