Elysian Capital Acquires Parcel Connect Limited (Fastway Couriers Ireland)

EQT Private Equity Acquires Majority Stake in Parcel2Go

June 16, 2021

Logistics & Distribution

EQT Private Equity's Mid Market Europe fund has agreed to acquire a majority stake in Parcel2Go from Mayfair Equity Partners, with Parcel2Go management remaining minority owners and continuing to lead the business. The investment will support accelerated growth, product and platform investment, and international expansion—organically and via M&A—while leveraging EQT's digital and sector expertise.

Elysian Capital Acquires Cross Rental Services from Lonsdale Capital Partners

August 2, 2021

Industrial Services

Elysian Capital III LP, in conjunction with Cross Rental Services' management, has acquired Cross Rental Services (Cara (Topco) Limited) from Lonsdale Capital Partners. The Dublin-headquartered business supplies mission-critical heating, cooling and refrigeration equipment on a rental basis across Ireland and the UK; Elysian will support accelerated growth, capital expenditure and selective M&A to expand the platform, particularly in the UK.

Elysian Capital III LP Acquires Eton Bridge Partners Ltd

July 7, 2021

Staffing & HR

Elysian Capital III LP, in conjunction with Eton Bridge Partners' management, has acquired a majority stake in Eton Bridge Partners Ltd, an executive search, interim management and consulting firm. The investment—the first from Elysian Capital's third fund—will support the firm's growth and broaden its leadership solutions across the UK and internationally.

Elysian Capital III LP Acquires Activate Group Limited

January 22, 2024

Automotive

Elysian Capital III LP, in conjunction with Activate's management team, has acquired Activate Group Limited and Activate Accident Repair Group Limited. Activate is a UK-wide accident management and vehicle repair business (brands include MRN and sopp+sopp) operating nine repair centres plus a third‑party repair network and a c.700-strong workforce; Elysian said it will support growth via additional sites, enhanced technology and new services.

Ionic Partners' CXT Software Acquires e-Courier

November 5, 2025

Software

CXT Software, backed by Ionic Partners, has acquired e-Courier to create the largest last-mile TMS provider focused on couriers and shippers, nearly doubling customer footprint and combining R&D resources. Accel-KKR Credit Partners provided acquisition financing to support the transaction, which aims to accelerate AI-driven routing, dispatch optimization, and product innovation across last-mile logistics.

CVC-led Consortium to Combine Worldwide Express and GlobalTranz

June 11, 2021

Transportation

CVC Capital Partners is leading a consortium (including Providence Equity Partners and PSG) to acquire Worldwide Express and combine it with GlobalTranz, creating a larger technology-driven third-party logistics platform. Ridgemont Equity Partners and management will retain significant stakes in the combined business; the transaction was announced in June 2021 and expected to close in Q3 2021.