March 11, 2019
Mergers and Acquisitions
GCA Advises Carousel Logistics on Its Acquisition of BDA Logistics Innovation
GCA is pleased to announce we advised high-performance service logistics provider and Livingbridge portfolio company, Carousel Logistics Limited, on its refinancing and acquisition of time-critical logistics company BDA Logistics Innovation (BDA).
Carousel provides specialized logistics solutions to high-performance industries across Europe in the agriculture, med-tech, high-tech, scientific, automotive and other service-focused sectors. Using its market-leading technology platform, Carousel’s clients have access to all available transport data across their supply chain. By connecting its multinational, blue-chip clients to its flexible air and road network, Carousel ensures the reliable transportation of mission-critical parts and products across Europe.
Logistics provider BDA, which operates across mainland Europe, the UK and Ireland, specializes in time-critical spare part supply chain solutions.
The acquisition significantly expands Carousel’s European reach and extends its service portfolio and transport lanes, strengthening the company’s existing operations in Germany, Ireland and the UK, and extending operations to the Netherlands.
Carousel co-founder and Group CEO, Graham Martin, said: “As the demand for service-logistics continues to grow, it is important that we provide the right technology, network and services that our clients need. With an impressive client portfolio and high service levels we have admired BDA for some time, particularly because they share our belief in delivering exceptional service solutions for situations. In coming together, we have completed a critical step in achieving our goal of becoming Europe’s leader for aftermarket solutions and technology."