H.I.G Capital Partners, the international private equity and alternative assets investment firm, has acquired DX (GROUP) PLC, the UK based provider of a range of specialist delivery services to both business and residential addresses across the United Kingdom and Ireland, from its shareholders including Gatemore Capital Management LLP, the UK based investment management firm, in a public-to-private acquisition, for a GBP 0.485 per share price. H.I.G Capital Partners has payed an aggregate consideration of GBP 307m for the company.
- Target – Dx (group) PLC
- Buyer – H.i.g. European Capital Partners, LLP
- Seller – Other Undisclosed shareholders, GATEMORE CAPITAL MANAGEMENT LLP
