Elysian Capital Acquires Parcel Connect Limited (Fastway Couriers Ireland)
April 29, 2022
Elysian Capital III LP, together with Fastway management, has agreed to acquire Parcel Connect Limited (trading as Fastway Couriers (Ireland)) from MML Growth Capital Partners Ireland and Woodberry Ireland Capital, subject to regulatory approval. The buyout backs Fastway’s management to expand its parcel delivery and Parcel Connect pick-up network across Ireland and internationally, leveraging the company’s 24-location logistics network and 1,300+ retail agent footprint.
- Buyers
- Elysian Capital III LP, Management of Fastway Couriers (Ireland)
- Targets
- Parcel Connect Limited (t/a Fastway Couriers (Ireland))
- Sellers
- MML Growth Capital Partners Ireland, Woodberry Ireland Capital
- Industry
- Transportation
- Location
- Ireland
- Transaction Type
- Buyout
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