We are delighted to announce that Ligentia has secured an investment from Equistone Partners Europe Limited, a European mid-market private equity investor. Ligentia will continue to be led by its founder and CEO Nick Jones, who alongside the existing management will also invest in the business.
The investment from Equistone, with its pan-European network of offices, will support us in delivering our ambitious growth plans through strategic acquisitions, and the enhanced development of Ligentix, our proprietary customer technology platform.
2020 was an exceptional year for Ligentia. Bucking the trend across the logistics sector our determination and agility led to a highly successful year, with the business achieving revenues of c. £300m. We believe our customer devotion, leading technology and dedicated team of supply chain experts, has firmly placed us at a point where we can capitalise on that winning combination.
We have always had the ability to adapt to market changes, alongside a significant focus on ensuring our customers are the driving force behind our strategy and ways of working. Our new partnership with Equistone will drive our technology enabled services forward at a rapid pace, as well as enabling us to keep investing in our high-quality teams around the globe which ultimately will add considerable value to your supply chain.
We are incredibly excited about the next step of our journey with a valuable partner on board and will continue to keep you updated on our ongoing growth and advancements in our solution offering.
To read the press release click here