Yorkshire private equity firm expands holdings with £4m haulage acquisition

A Leeds based private equity firm has completed the acquisition of a £4m haulage and logistics business in Loughborough.

Winch & Co, said the acquisition of Eclipse Distribution outlines its latest investment mandate to find logistics and distribution businesses by which it will grow its group. Winch & Co plans to continue its acquisition trail aimed at businesses based in the UK that compliments its platform.

Shaun Swinburn, operations director at Winch & Co said: “It’s been several months in the making, but we are happy with what we have bought, and succession planning was already in place. The business is very clean and has proven to be the perfect platform for what we plan to build.”

David Ash, the previous owner of Eclipse Distribution commented: “The new owners have their own vision for Eclipse and the haulage sector. I look forward to seeing how far they take the business.”

The company operates over 40 lorries, as well as sprinters, vans and other transport vehicles.

Nathan Winch, Managing Partner of Winch & Co, added: “Shaun and the team have been instrumental in getting this deal over the line. We completed this acquisition in the same week as another purchase – so it’s safe to say we worked our legal team that week!”