Sidley is representing funds managed by Apollo in the acquisition of Evri, one of the UK’s largest parcel delivery companies, from Advent International.
Since relaunching as Evri in 2022, the company has grown to become a key leader in parcel delivery, with a strong national network purpose-built for third-party e-commerce parcels and a differentiated last-mile delivery model. Today, Evri reaches nearly every household in the UK and, on average, serves more than 12 million customers per week.
The Evri transaction is expected to close in the third quarter of 2024.
The Sidley team is led by Private Equity partners Gerald Brant, Paul Dunbar, and Jonathon Hamill, supported by Josh Baxter, Filippo Durazzo, Arabella Robinson, Joshua Rim, and Ghadah Alotaibi (Private Equity); Oliver Currall and Fraser Tudor (Tax); Peter McCorkell and Alex Down (Employee Benefits and Executive Competition); Jonathan Lafferty and Sophia Bangham (Commercial Litigation and Disputes); and Kyle Barnett (Intellectual Property).
