- Ligentia, a global tech-enabled supply chain manager, has revenues of over £1 billion
- The deal will accelerate Ligentia’s plans to grow into new, fast-growing territories and sectors
- Equistone Partners invested in Ligentia in 2021 to support the company’s growth plans
Equistone-backed Ligentia announced the completion of its acquisition of VGL Solid Group. Leeds, England-based Ligentia is a global tech-enabled supply chain manager with revenues of over £1 billion.
VGL Solid Group is a Polish logistics operator with 20 locations across Poland, headquartered in Gdynia. It offers a range of services in transport, forwarding, logistics, and supply chain management. The deal will accelerate Ligentia’s plans to grow into new, fast-growing territories and sectors and grows Ligentia’s presence on the Asia-Europe and Transpacific trade lanes, the firm said.
“We are proud to support the board in this acquisition which enables the business to expand into new geographies and sectors, continue to innovate its technology and strengthen its position in a dynamic market,” said Sebastien Leusch, investment director at Equistone and director, Chris Candfield. “The team have delivered exceptional growth over the last two years, including the launch of its US business.”
Equistone invested in Ligentia in 2021 to support the company’s growth plans.
London-based Equistone operates across the Benelux, France, Germany, Switzerland and the UK. It looks for strong middle-market companies with growth potential.