Stirling Square Capital Partners (“Stirling Square”), a leading pan-European mid-market private equity firm, today announces that it has signed an agreement to acquire Logent Holding AB (“Logent” or “the company”). The transaction is expected to close in June.
Logent is the leading independent provider of customised contract logistics solutions in Sweden and Norway. With deep operational capabilities across the full logistics outsourcing value-chain, its services include Warehousing, Transport Management, Ports Operations, Customs Handling and Staffing & Recruitment.
Logent’s unique business model is rooted in a consultative approach, designing, implementing and operating dedicated solutions for customers that require substantial updates to their logistics operations. Its customers include small and medium-sized enterprises in the e-commerce, automotive and industrial sectors.
Henrik Lif of Stirling Square said: “Logent is truly the best-in-class operator in the Nordics. We look forward to partnering with CEO Mats Steen and the Logent team to capture the tremendous opportunity before them.”
Mats Steen, CEO of Logent added: “We are delighted to welcome our new shareholder to Logent. In partnership with Stirling Square, we look forward to expanding our breadth of services and solutions to reach new customer segments requiring increasingly sophisticated solutions to handle rising volumes and complexity.”
The transaction represents the second platform investment in Stirling Square’s Fourth Fund.