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09 May 2022

Stephenson Harwood advises Elysian Capital on Fastway acquisition

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Law firm Stephenson Harwood has advised Elysian Capital on its acquisition of Fastway Couriers.

Fastway Couriers, founded in 2002, is now one of the largest courier businesses in Ireland. It has a logistic network of 24 locations nationwide and handles more than 25 million parcels annually, as the delivery partner to over 7,000 domestic and international clients. It also operates Parcel Connect, Ireland’s largest network of over 1,300 local convenience stores which facilitate over 2.6 million transactions per year.

The deal marks the first investment by Elysian in 2022, and the sixth overall from the Elysian Capital III Fund, which closed in September 2020 at £325 million.

The Stephenson Harwood team comprised private equity partner Malcolm MacDougall, senior associate Chris Manning and associate Dafni Loizou, and banking partner Julie Romer, senior associate Chrissy Vassiliou and associate Ryan Johnson.

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