Services

Kinaxia

Kinaxia is a UK road haulage and warehousing business currently comprising 8 regional operators

March 2015
Investment Date
UK
Country

Business Overview

  • Buy-and-build strategy in the UK logistics space
  • Created by a merger of eight regional UK haulage and warehouse businesses to create a pan-UK medium-sized business
  • PCS2 has supported five acquisitions to date having provided a flexible and scalable financing solution to enable Kinaxia’s buy-and-build strategy
  • Operates c.580 vehicles and over 900,000 square feet of warehousing space

 

Investment Thesis

  • Strong regional brands and long standing customer relationships
  • Significant potential for efficiencies such as central purchasing and a driver academy
  • Scalable model in a fragmented market
  • Strong acquisition pipeline with potential to become a Top 10 UK haulage business within 2 years

 

Origination

  • Non-sponsored deal originated in a proprietary and exclusive process
  • The deal was sourced through a strong relationship with the company’s two owners, one of whom is well known to Permira having been a key member of the management team of a former portfolio company of a Permira fund

www.kinaxia.co.uk