A freight and courier company described by its acquirer as “a credit to the previous owners” has been sold.
Direct Sameday Services was founded in 1999 and utilises a fleet of modern vehicles to provide haulage and courier services across the UK and into Europe.
The company is headquartered in Bulwell on the outskirts of Nottingham, with a North West base in Rochdale, specialising in same-day parcel, pallet and tender document deliveries and employing over 60 staff.
Westland Assets is the acquirer of Direct Sameday, having been impressed by the business built up by co-founders Ian Gleave and Paul Tomkinson.
A lengthy search for a suitable acquisition opportunity by Westland Assets director David Whitefoot culminated in the deal for Direct Sameday.
“Of all the ones I have seen in the past two years, this is the best documented and most well-run business I have seen in a long time,” David told Motor Transport.
“The business was set up just over 25 years ago and considering the (industry) regulation that has followed since then, it is a credit to the previous owners.”
There are now ambitious plans to expand Direct Sameday, with David adding: “We have bought this business with the intention to scale up, not down.
“We want to grow the business in 2025 and 2026, make more investments in it and possibly expand it geographically. We have a vision of where we want to take this business.
“This strategic investment shows the commitment of investors, vision in the UK transport industry and understanding of all the future challenges ahead. We have full confidence in Direct Sameday Services, which has a bright future ahead in 2025.”
The transaction was advised on by KBS Corporate.
“I’m delighted with the result we managed to achieve for our clients,” said Joe Norris, KBS Associate Corporate Director. “It was far from easy at times, but I’d like to credit everyone involved in the deal on both the buy and sell side for their hard work and perseverance.
“We managed to overcome every issue and arrive at an outcome that worked for everyone.”