Drivers Direct
A specialist in driver recruitment and logistics received £1.75m to facilitate a Management Buyout by its management team.
Investment: £1.75 million
Transaction: MBO
Sector: Recruitment
Location: Runcorn, North West
The Business
Runcorn headquartered Drivers Direct is a specialist recruiter and placement of temporary and permanent drivers of all vehicle classes.
Founded in 2002, through its network of branches across the UK, their teams have over 50 years’ experience working in this sector.
The Deal
Drivers Direct received a £1.75m investment from to facilitate a £3.15m Management Buyout by its management team.
Daniel Jellicoe, Managing Director, Drivers Direct Recruitment commenting on the deal said:
“This latest investment from FDC marks a new chapter in Drivers Direct’s journey. Our organisation has performed well across both recruitment and logistics over what has been a turbulent 18 months.
“As a result of all at Drivers Direct hard work we are now well placed to grow the business. I, along with the rest of the management team look forward to working alongside FDC as we continue to expand our branch network and logistics offering throughout UK.”
