Elysian Capital’s Acquisition of Fastway Couriers

Stephenson Harwood has advised Elysian Capital on the deal. Pinsent Masons has advised the shareholders of Fastway Couriers.

Elysian Capital acquired Fastway Couriers.

Fastway Couriers, founded in 2002, is now one of the largest courier businesses in Ireland. It has a logistic network of 24 locations nationwide and handles more than 25 million parcels annually, as the delivery partner to over 7,000 domestic and international clients. It also operates Parcel Connect, Ireland’s largest network of over 1,300 local convenience stores which facilitate over 2.6 million transactions per year.

The deal marks the first investment by Elysian in 2022, and the sixth overall from the Elysian Capital III Fund, which closed in September 2020 at £325 million.

The Stephenson Harwood team comprised private equity partner Malcolm MacDougall (Picture), senior associate Chris Manning and associate Dafni Loizou, and banking partner Julie Romer, senior associate Chrissy Vassiliou and associate Ryan Johnson.

The Pinsent Masons team acting on the transaction was led by Partner Gerry Beausang and comprised of a multidisciplinary team of lawyers including, Lisa Early (Corporate), Laura McCrea (Corporate), Alan Davis (Competition), Lisa Matthews (Banking), and Lois Dale (Tax).

Involved fees earner: Gerry Beausang – Byrne Wallace ; Lois Dale – Pinsent Masons; Alan Davis – Pinsent Masons; Lisa Early – Pinsent Masons; Lisa Matthews – Pinsent Masons; Laura McCrea – Pinsent Masons; Dafni Loizou – Stephenson Harwood; Malcolm MacDougall – Stephenson Harwood; Chris Manning – Stephenson Harwood; Julie Romer – Stephenson Harwood; Chrissy Vassiliou – Stephenson Harwood;

Law Firms: Byrne Wallace ; Pinsent Masons; Stephenson Harwood;

Clients: Elysian Capital; Fastway Couriers;

Giulia Di Palma

Author: Giulia Di Palma