Press Release June 18, 2021

Mayfair Equity Partners Sells Majority Stake in Parcel2Go to EQT Private Equity

The London Private Equity team advised Parcel2Go and its shareholders in its agreement with EQT Private Equity (EQT) in which EQT will acquire a majority stake in Parcel2Go. Mayfair Equity Partners and management will remain as minority shareholders. P2G’s management team, including Executive Chair, James Greenbury, will continue to lead the company, building on its strong execution track record of growth and product innovation. Financial terms were not disclosed. The transaction is expected to close in July 2021.

Founded over 20 years ago and headquartered in Bolton, Parcel2Go has grown to be the category leader, providing marketplace services to all major UK carriers, offering collection and delivery services throughout the UK, Europe, and countries across the world.

Mayfair Equity Partners is a leading UK-based tech and consumer growth investor managing in excess of £1bn in commitments. Its primary focus is on building strong partnerships with exceptional management teams. Mayfair has a strong track record in supporting digitally enabled businesses.

The Goodwin team advising Parcel2Go and Mayfair was led by James Grimwood and Stanislav Shishkin and included Shruthi Anand, Stefania Athanassopoulou, Dulcie Daly, Amy Francis, Richard Hughes, Gretchen Scott, and Nikhil Vyas.

Carl Bradshaw and Camilla Bunney advised James Greenbury and the rest of the management team.

For additional details on the investment, please read Mayfair’s press release.