News / Ligentia brings in equity partner to 'turbo-charge' growth strategy

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Ligentia has sold a significant stake to Equistone Partners Europe – a bid to “turbo-charge” the business as it looks at logistics and technology acquisitions.

Equistone, which holds stakes in Wallenborn and European Cargo Services, has made a “significant investment” in the £300m-revenue business, it said, adding that its strategy is to invest between “€25m and €200m or more of equity in businesses with enterprise values of between €50m and €500m”.

A back-of-the-envelope calculation on the investment looks likely to be €110m-€180m ...