Park Place Corporate Finance

Independent advice for the independently minded

InXpress

$N/D Management Buy-Out 

InXpress

Park Place are pleased to have advised InXpress on a majority equity investment from New York based private investment firm Hudson Hill Capital.  Debt funding for the transaction was provided by Goldman Sachs.  Park Place were engaged 4 years prior to this transaction to help InXpress develop their value enhancement strategy.  This transaction represents the culmination of that plan with Park Place providing strategic advice to the shareholders and acting as lead advisers to the reinvesting management.

InXpress is a software-enabled global franchisor of transportation and logistics services with a network of almost 400 franchisees across 14 different countries, providing SMEs with unrivalled time and cost-saving shipping solutions through consultative services and innovative software.  Established in 1999, the company maintains relationships with tier-one parcel, air, and freight carriers around the world, offering discounted rates to franchisees that form relationships with SME customers through its direct salesforce.  The Company also offers its SME customers and franchisees a SaaS platform, enabling franchisees to effectively manage customer service and customers to centrally manage their transportation and logistics requirements.

The transaction provided a liquidity event for shareholders no longer engaged in the business whilst maintaining a significant minority equity interest for the ongoing managers. 

Mark Taylor, Global CEO of InXpress, commented “Having worked with Park Place at my previous businesses, I was quick to seek their input and advice on various strategic matters over my years at InXpress, ultimately leading up to this transaction. Park Place have provided invaluable expert insight and trusted advice to balance the objectives of our global shareholder base, the ongoing management team and Hudson Hill.”

Tim Simpson, who led the deal for Park Place, commented “It has been a pleasure to assist Mark and his team over the years and support their rapid global growth.  This transaction confirmed InXpress as a highly attractive investment proposition given its global reach and software focussed franchise model which led to a competitive transaction process and delivered on the objectives of both the exiting shareholders and ongoing management.”

Find out more about InXpress at www.inxpress.com

 

Back

© copyright Park Place Corporate Finance Ltd. All Rights Reserved.

Website by DS.Emotion