Viso Logistics makes first acquisition
Expanding courier network acquires Jag Express in Cambridge
London, 19 October 2021: Viso Logistics, a business focused on building a national network of independent courier and delivery service companies, has today announced its first acquisition.
Jag Express, which is based in Cambridge and has been operating for over 20 years, has extensive experience in delivering domestic and cross-border same-day and next-day delivery services. The company has particular logistics expertise within Biotech and Pharmaceuticals – amongst the few sectors to have grown since the start of the Covid-19 pandemic. Jag Express pride themselves on delivering a high-quality, personal service to businesses and the academic community. The same team will be in place to ensure complete continuity of this service for customers.
Viso Logistics offers owners of courier businesses, who are considering retirement or exploring new ventures outside of the sector, a simple, fair and pain-free exit. Each business in the group remains independent, with the existing teams in place. Viso Logistics then brings value by offering customers access to a larger network, sharing best practices across the group and leveraging best-in-class technology.
The team behind Viso Logistics has significant experience that spans Logistics, Technology and Mergers and Acquisitions. They bring a track record built at Royal Mail, CitySprint and Credit Suisse among others. Viso’s vision of building a national network of successful courier businesses is underpinned by their ethos that selling a business should be as straight-forward as possible for the owner and that ensuring continuity for customers and employees is paramount.
Alexi Jones, Managing Partner at Viso Logistics said: “We are delighted to announce Jag Express as our first acquisition. We were impressed from the word go at how professionally the business had been run and how the team focused on providing customers a non-commoditised service of the highest level. We pride ourselves in offering our acquired businesses with operational freedom, rather than stripping assets or enforcing a faceless corporate culture. Our main focus now is to work with Jag Express’ existing management team to provide the same high quality service to customers and to put Viso’s operational and technological expertise to work. We are also in the market to acquire new businesses nationwide and to continue to strengthen the group.”
Graham Lloyd, Managing Director/Owner, Jag Express, says: “We are delighted to join our services with Viso Logistics. We were looking for a partner who not only understood why we achieved success over the last 20 years but also who cared about the team and the business that we have built. We’ve worked hard to develop a strong customer base in the local area, who will still be dealing with the same team delivering an exceptional service and will also benefit from Viso’s extended network as they continue to grow. I have been impressed with how Viso have conducted themselves from the first contact until the final completion day. They have been fair, open and professional throughout. Viso went out of their way to make the process as pain-free as possible for us as the selling shareholders.”
ABOUT VISO LOGISTICS
Viso Logistics, a recent entrant to the logistics sector, is a business acquisitions company focused on the courier and express delivery sector, who want to do things differently to the corporate acquisition machines.
Their vision is to bring great delivery companies together by acquiring successful, independent courier businesses to build a national network.Their fresh approach brings together technology and operational excellence, to build on the success of established businesses. It also brings customers real benefits by offering them access to a bigger network with a greater range of capabilities.
The team behind Viso Logistics have extensive experience in Logistics and Technology, as well as a 15-year track record of completing Mergers and Acquisitions in the UK. The team benefits from a track record at leading firms including Royal Mail, CitySprint and Credit Suisse.
Tel: +44 208 064 0517