Comment / Analysis: CVC-backed Scan Global – more growth, more debt, more losses

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Regardless of the bullish narrative* concerning the achievements of Denmark’s Scan Global Logistics (SGL) in the first quarter (Q1 25), disclosed on 20 May, the bullet question in Premium’s marketplace is: how is private equity (PE) really faring in asset-light transport & logistics?

(*We don’t have to look any further than here and here.)

Let’s look.

All good on the surface 

The forwarder, owned by CVC Capital Partners for just over two years – at the start of 2025 rightly predicting ’a bumpy’ road ...

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    CVC Capital Partners M&A radar private equity Scan Global Logistics Vertical consolidation