A family business founded in 1991, Dalepak offers customers a fully managed and bespoke, end-to-end solution for all of their logistic requirements. These include integrated warehouse solutions, contract packing, value added production services and carrier management.  The business enables clients to cope with the increasing complexity in the supply chain for multi-channel retail which is driving strong market growth. In the last 3 years Dalepak’s revenue grew by 150%.

The business employs 265 staff which provide their services from over half a million square feet of warehousing space, across four sites in Northampton. Their in-house IT development team has created scalable systems and processes that deliver bespoke solutions to meet customer requirements.

The Dalepak management team combines existing operational expertise with external sector talent. As part of a planned succession solution, the business is led by new CEO David Tracey joining incumbents Scott McGinley, COO and Scott Merrick, IT Director.  David was formerly the Commercial Director at Dreams with a particular focus on supply chain, fulfilment and customer service. The board is also joined by Nick Frogbrook as CFO and Stewart Oades as Chairman. Stewart has worked in logistics for over 30 years, is an ex-CEO of Christian Salvesen PLC and was a member of the executive board of Exel (now DHL).

This investment continues Sovereign’s strong record in the outsourced business services sector. Other portfolio companies include: Kindertons, the nationwide provider of outsourced accident management services and Arkarius, the largest accounting services provider to the contractor market in the UK.

The deal was introduced to Sovereign by Argyll Partners and debt to support the transaction was provided by Crescent Capital.