- Since 2021, Parcel2Go has maintained a leading position in the UK parcel delivery ecosystem and made substantial investments in its technology infrastructure and operational structure
Parcel2Go (“the Company”), the parcel delivery marketplace and e-commerce shipping platform, has today announced a change of ownership from EQT Mid Market Europe (“EQT”) and minority investors, to a new investor group.
Parcel2Go was acquired in June 2021 and its commitment to customer service and innovation has allowed it to maintain a leadership position in the parcel delivery marketplace. Since 2021, it has grown its Smart Send offering and launched new strategic accounts in Digital Partner Solutions. The Company has also made substantial investments in its technology infrastructure and operational structure.
Paul Doble, CEO of Parcel2Go, said: “Parcel2Go is a superb business, and this transaction sets us up to achieve strong and sustainable performance over the coming years. We are grateful to our past and present investors for all their support. We look forward to remaining at the heart of the UK parcel delivery ecosystem as we embark on our next phase of growth.”
Rikke Nielsen, Partner in the EQT Private Equity advisory team, said: “We want to thank the management team and all employees of Parcel2Go for their commitment and hard work over the past years. The Company is well-equipped to continue providing real value to customers, carriers, and partners into the future.”
The transaction is subject to customary conditions and approvals.
Contact
EQT Press Office, press@eqtpartners.com
About EQT
EQT is a purpose-driven global investment organization with EUR 246 billion in total assets under management (EUR 134 billion in fee-generating assets under management), within two business segments – Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia-Pacific and the Americas and supports them in achieving sustainable growth, operational excellence and market leadership.
More info: www.eqtgroup.com
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About Parcel2Go
Founded in 2003 and headquartered in Bolton, UK, Parcel2Go has grown to become one of the UK’s largest parcel delivery marketplaces and e-commerce shipping platforms, dedicated to supporting micro-SMEs and prosumers.
Parcel2Go connects users with all the major carriers, offering a seamless way to find the most cost-effective and reliable delivery options for every need. Beyond delivery, it provides innovative value-added services such as SmartSend, empowering small businesses and marketplace sellers to manage their shipments effortlessly across platforms like eBay, Amazon, and Etsy. It also operates a Digital Partner Solutions business that includes turnkey shipping software, a fully hosted website, and comprehensive post-sale customer service management, enabling carriers to scale their offerings with ease.
Learn more: https://www.parcel2go.com/about
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