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Oakley advises Mayfair Equity Partners on its acquisition of Parcel2Go
December 5th, 2019
Company Name
Mayfair Equity Partners
Company Sector
Online
Deal Size
Undisclosed
Location
UK

Oakley Advisory Limited (“Oakley”), the independent corporate finance firm offering specialist advice across the TMT sector, has advised Mayfair Equity Partners (“Mayfair”) on the acquisition of Parcel2Go, the UK’s largest price comparison website (“PCW”) for parcel delivery services.

Parcel2Go provides its PCW customers with quick and easy price comparison options, working with a growing roster of internationally renowned carriers. In addition, the business provides a white label service to parcel carriers who receive turnkey shipping software, a fully hosted website and managed post-sale customer service. The company’s third business line, which operates as National Pallets, provides pallet pricing comparison options across 17 European countries. The business has a consistent track record of double-digit profitable growth and recorded over £100m in revenues during 2019.

Mayfair Equity Partners is a buyout and growth capital investor providing capital to dynamic businesses in the TMT and Consumer sectors. Its primary focus is on building strong partnerships with exceptional management teams. Current investments include Ovo Energy, YO!, GCI Managed Services and Ultrahaptics.

The deal will provide Parcel2Go’s management with additional capital and operating support to help them accelerate their growth plans and explore M&A opportunities.

The Oakley team was led by Daniel Havercroft, and comprised Anthony Yaneza, Harry Williams and Joss Harris.

Daniel Havercroft, Oakley Partner, commented:

“We are delighted to have worked with Mayfair on this transaction. With their support, we believe that Parcel2Go will continue its track record of strong growth and innovation of its offering to carriers and end consumers. We wish Parcel2Go and Mayfair well as they embark on their new partnership”


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