Divestments

Parcel2Go

Parcel Delivery Marketplace and e-Commerce shipping platform

Founded in 2003 and headquartered in Bolton, UK, Parcel2Go is the largest parcel delivery marketplaces and e-commerce shipping platform for micro-SMEs and prosumers in the UK.

  • Sector
    Technology
  • Country
    United Kingdom
  • Responsible Advisor
    Rikke Kjær Nielsen
  • Fund
    EQT Mid Market Europe
  • Entry
    2021
  • Exit
    2024
Parcel2Go

Parcel2Go provides a parcel delivery marketplace platform, including all major UK carriers, to help customers find the best and most cost-efficient delivery solution for all their needs. The company also provides additional value added services (such as SmartSend software) enabling SMEs and marketplace sellers to manage their deliveries across multiples platforms including eBay, Amazon ad Etsy. Parcel2Go has also developed and rolled out a white label service for carriers which includes turnkey shipping software, a fully hosted website and post-sale customer service management.

Market Trends and Drivers
Parcel2Go benefits from several secular growth and long-term tailwinds. The continued shift from retail to e-commerce, the proliferation of marketplace platforms enabling growth in micro-SMEs and SMEs, as well as continued innovation and investment in parcel delivery infrastructure.

Investment Potential
EQT will support Parcel2Go in is next phase of development as the Company focuses on continued market share expansion in the UK and product and service enhancement to support further penetration within the micro-SME and SME segments. In addition, EQT will leverage its extensive global advisor network to assist with partnerships and M&A to accelerate the Company's international and platform expansion.

Board of directors

  • Board member
    Rikke Kjær Nielsen
  • Board member
    David Post
  • Board member
    Kunal Dasgupta

Management

  • CEO
    Paul Doble
  • CFO
    Eva Whiteside
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