Stirling Square Capital Partners acquires Logent Group from Adelis Equity Partners. The change of ownership does not involve any changes for customers, employees or management – Logent Group will continue its positive development as a leading, independent provider of contract logistics services.
Adelis Equity Partner acquired Logent Group in 2013. Under Adelis’ ownership, the company has successfully transformed from a staffing-focused company to a contract logistics company. The company provides value to its customers through design, implementation and operations of efficient, customized logistics solutions. Five business units, including Warehousing, Transport Management, Customs, Port Services and Staffing. The company is present in Sweden and Norway and the market leader in dedicated warehousing solutions on the Swedish market. Revenue of 1.4 bSEK, 3000 employees and around 600 customers.
Mats Steen CEO Logent Group said; “I’m proud of the development the company has had together with Adelis Equity Partners during these last few years. The close cooperation has been vital for the success of the strategic transformation. We are now 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.”
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.”
The change of majority ownership has no consequences for Logent customers or employees. The CEO Mats Steen and the management team will continue their previous roles and with significant ownership in the company.
For further information:
CEO Logent Group
+46 702 338 302