Acquisition of Dalepak by Sovereign Capital
Argyll Partners advised Sovereign Capital on the acquisition of Dalepak in both a corporate finance and debt advisory capacity.
Dalepak
specialist tech-enabled outsourced logistics provider
bespoke solutions including integrated warehouse solutions, contract packing, value added production services and carrier management
services provided to multi-channel and e-commerce retailers, as well as consumer brands
revenue growth of 150% in the last three years, in part due to the high growth e-fulfilment market
Deal highlights
off market transaction introduced to Sovereign by Argyll
transaction completed in twelve weeks
incoming CEO and FD replaced vendors
secured attractive acquisition debt package from Crescent Capital and working capital facilities from NatWest