We are delighted to have advised Freight Logistics Solutions on their investment from Development Bank of Wales.
Freight Logistics Solutions (FLS) is a technology enabled logistics agency and freight forwarder based in South Wales. It is an asset light business which operates mostly within the road freight space and optimises its customers’ logistics operations and spend through an extensive subcontractor network and suite of load booking, tracking and KPI reporting measures.
Under the leadership of Ieuan Rosser, the shareholders have grown the business since its inception in 2016 and were looking for an investment partner to support them in the next phase of FLS’ development.
Our corporate finance team advised the shareholders in the run up to, and during, the transaction, leading negotiations with the Development Bank of Wales (DBW) and project managing the entire process to deliver a deal that met all key personal and business objectives.
FLS has been on an exciting journey since its inception five years ago and we are passionate about being one of the UK’s leading providers of end-to-end supply chain solutions during what is a unique and challenging time for the sector. This investment from DBW will help us continue our investment in technology and operational infrastructure to provide a further platform for growth to deliver the best possible service to our clients. We have built a great relationship with Grant Thornton and their experience and guidance helped us navigate an excellent deal. We want to thank Jamie and the team for their consistent, commercially focused and valued support.Ieuan Rosser Managing Director, Freight Logistics Solutions