Founded in 1975 providing document exchange services to the legal sector, DX Group today collects, transports and delivers parcels, packages and consignments of every size, weight and shape for a wide range of business and residential customers. The company has 4,800 employees managing 2,900 routes with 92 million items delivered in the past year.
Prudential’s UK Direct Lending team supported the ‘take private’ of DX from the AIM, valued at c. £300m backed by H.I.G. Europe. This transaction highlights the breadth and flexibility of Prudential Private Capital’s Direct Lending strategy, which aims to provide relationship-focused debt capital for sponsor-backed and management-owned businesses in the mid-market.