Background
Founded in West Sussex in 1990, International Logistics Group (ILG) provides e-commerce warehousing, fulfilment and delivery services, with an added expertise in the fashion and beauty sectors. Underpinned by state-of-the-art technology, ILG ships thousands of parcels daily to businesses and consumers.
Rationale
Quantuma led the initial management buyout of ILG in 2015 supported by Percipient Capital. During this time the business experienced significant growth and quadrupled its facilities which, now offer over 175,000 square feet of warehousing and has over 220 employees serving more than 700 clients worldwide. ILG now has four offices in the UK, covering Crawley, Gatwick, East Grinstead and Burgess Hill, with plans for continued growth across the country.
Outcome
A corporate finance team at Quantuma, comprising partner Mark Lucas and director Fardeen Nariman, provided lead financial advice to ILG on its sale to global logistics provider, Yusen Logistics.
With 19 locations nationwide, Yusen Logistics’ international network covers almost every country in the world, with regional headquarters in Europe, Japan, East Asia, South Asia and Oceania, as well as the Americas, providing a truly global logistics service. Yusen Logistics has developed an integrated and tailored service for warehousing, distribution, freight forwarding and supply chain management services across its six core sectors: Aerospace, Automotive, Food, Healthcare, Retail and Technology.
The transaction sees a full exit for previously invested private equity house Percipient Capital. The deal will enable ILG to tap into Yusen Logistics’ international supply chain services. It also connects Yusen’s services with ILG’s specialist knowledge, people and infrastructure to provide end-to-end B2B and B2C supply chain solutions.
Quotes
Mark Lucas, partner at Quantuma, said: “Having led the initial Percipient buyout of ILG in 2015, it’s fantastic to see the growth of the business over the three years and the realisation of that initial investment. Working closely alongside Mike and the team at ILG, we were able to find the ideal strategic buyer to support the firm in the next stage of its development.
Yusen Logistics, with its outstanding global pedigree, provides a considerable opportunity for ILG to expand into international markets and provide a full end-to-end service.”
Mike Stephenson, managing director at ILG, said: “This is an exciting time for ILG, with the opportunity to scale our business and work in partnership with a global logistic giant in Yusen. Mark and the team at Quantuma have done a brilliant job to find a buyer that fits perfectly with our business strategy and understand the enormous growth potential to be unlocked.
Our thanks must also go to Percipient Capital for the work they have done in the last three years, supporting the expansion of ILG and enabling the business to develop both in the UK and overseas. We look forward to beginning our new journey with Yusen and providing the highest quality service to our customers.”
Jason Gould, investment director at Percipient Capital, said: “ILG has developed a reputation as an innovator in global delivery services, making the company a great strategic fit for Yusen Logistics’ approach.
Having worked with Mark on the initial transaction, we had every confidence that he and the Quantuma team would find the ideal buyer. We would like to thank Mike and ILG for their hard work and wish them all the best for the future.”
