M&A Deal Summary

Pacific Equity Partners Acquires FMH Group

On December 2, 2024, private equity firm Pacific Equity Partners acquired transportation company FMH Group from Singapore Post

Acquisition Highlights
  • This is Pacific Equity Partners’ 1st transaction in the Transportation sector.
  • This is Pacific Equity Partners’ 27th transaction in Australia.

M&A Deal Summary

Date 2024-12-02
Target FMH Group
Sector Transportation
Buyer(s) Pacific Equity Partners
Sellers(s) Singapore Post
Deal Type Divestiture

Target

FMH Group

Moorabbin, Australia
FMH Group is a diversified logistics holding company with divisions across 4PL, warehousing, transportation, and technology. The Group comprises: Australia’s 4PL, efm Logistics; logistics technology company, Flip; transportation providers, Border Express, BagTrans, Spectrum Logistics, CouriersPlease and Logistics Holdings Australia, under which is GKR Transport, Niche Logistics and Formby Logistics. FMH Group is based in Moorabbin, Australia.

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Buyer(S) 1

Buyer

Pacific Equity Partners

Sydney, Australia

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 10.0B AUD
Size Mega
Type Sector Agnostic
DESCRIPTION

Pacific Equity Partner (PEP) is a private equity firm focused on buyout and late stage expansion capital investments in Australia and New Zealand. PEP typically partners with management teams in acquiring businesses and focuses on transactions valued up to AU$1 Billion. The Firm prefers control situations and typically holds investments for three to six years. PEP will not invest in start-ups or unprofitable businesses, as well as gambling or tobacco companies. Pacific Equity Partners was formed in 1998 and is based in Sydney, Australia. The Firm targets various industries.


DEAL STATS #
Overall 37 of 37
Sector: Transportation M&A 1 of 1
Type: Divestiture M&A Deals 11 of 11
Country: Australia M&A 27 of 27
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-22 ATOM Group

Kewdale, Australia

ATOM Group is a distributor of industrial and safety supplies into the resources, defence, manufacturing and infrastructure sectors. ATOM Group is based in Kewdale, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-16 Zenith Energy

Rivervale, Australia

Zenith specializes in the delivery of sustainable and reliable hybrid power solutions for remote, off-grid resource sector clients and urban microgrids for commercial, industrial, and residential precincts. Zenith Energy is based in Rivervale, Australia.

Sell -

Seller(S) 1

SELLER

Singapore Post

Singapore, Singapore

Category Company
Founded 1819
Sector Transportation
Employees4,900
Revenue 814M SGD (2025)
DESCRIPTION

Singapore Post (SingPost) is a postal and e-commerce logistics provider with a portfolio of businesses that spans from national and international postal services to warehousing and fulfilment, international freight forwarding, and last-mile delivery. Headquartered in Singapore, SingPost has approximately 3,000 employees, with offices in 14 markets worldwide. Singapore Post was founded in 1819 and is based in Singapore.


DEAL STATS #
Overall 3 of 3
Sector: Transportation M&A 1 of 1
Type: Divestiture M&A Deals 3 of 3
Country: Australia M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-28 Jagged Peak

Tampa, Florida, United States

Jagged Peak, Inc. is a provider of e-commerce solutions provider with software and services to enhance the scalability, flexibility, and profitability of single-channel, multi-channel and omnichannel online businesses. Jagged Peak, Inc. was founded in 2000 and is based in Tampa, Florida.

Sell $15M