Tue, 21 Jan 2025 | BUSINESS SALE
Investment firm Westland Assets has bought Nottingham and Manchester-based delivery firm Direct Sameday Services (DSS) and associated firms Direct Sameday Services North West and Direct Sameday Vehicle Hire.
DSS has been operating since November 1999 and has since grown to become the leading same-day courier company throughout the East Midlands region.
Direct Sameday Services (NW) Ltd opened in 2007, extending its services throughout Manchester and the North of England.
The company specialises in same-day parcel, pallet and tender document deliveries, as well as direct European services and pre-planned logistics.
It has a fleet of 60 vehicles including vans and sprinters to 44-tonne trucks and has 65 employees. It has an annual turnover of around £4.8 million helped in recent years by the explosion in e-commerce deliveries both in the business and consumer sectors.
Westland Assets said the deal was a strategic investment showing a "commitment and confidence in the UK transport industry. With an understanding of all the future challenges investors have full confidence in the DSS group of companies and a bright future ahead in 2025."
"Of all the ones I have seen in the past two years, this is the best documented and most well-run business I have seen in a long time," Westland Assets director David Whitefoot told trade magazine Motor Transport. "The business was set up just over 25 years ago and considering the (industry) regulation that has followed since then, it is a credit to the previous owners."
Westland is looking to scale DSS this year and next including geographical expansion. The deal, it has been reported, will not result in any job losses.
Find out why investors are putting the pressure on private equity firms to do deals
This well-established business is a HETAS approved retailer and installer specialising in a broad range of stoves, fires, and accessories, backed by strong customer service and a robust management team.
This is a unique chance to acquire a well-established business with deep local ties and a solid asset base.
Opportunity to acquire a well-established business specialising in the wholesale and distribution of cooked meats and foods in North West England.
01
|
May
|
McCann and Partners undergoes an MBO | MBO/MBI
A team of five directors at South Wales engineering and buil...
30
|
Apr
|
Human Magic conjures up Australian acquisition | BUSINESS SALE
Liverpool-based employer brand agency, which is behind creat...
30
|
Apr
|
LRG makes its biggest acquisition ever with Chancellors move | BUSINESS SALE
Property services firm Leaders Romans Group (LRG) has made i...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.