Squire Patton Boggs has advised global investment firm H.I.G. Capital, on the acquisition by one of its affiliates of Torque Holdings Limited (“Torque”) a leading UK provider of omni-channel fulfilment services.
The Squire Patton Boggs team advising H.I.G. Capital was led by Corporate partners Charles Leeming and Paul Mann and included director Louise Parker and senior associate Mona Mojtabavi
Torque provides outsourced fulfilment and supply chain services to a diversified base of premium and high-growth consumer brands. The company offers a broad range of services including warehousing and fulfilment, inventory and returns management, and international freight forwarding, serving customers with complex requirements across the eCommerce, retail, and wholesale channels. Torque operates a network of fulfilment facilities across the UK and supports customers across eCommerce, retail and wholesale channels.
H.I.G. Capital is a leading global alternative investment firm with $75 billion of capital under management, with a focus on the mid cap segment of the market. The transaction has been completed in partnership with Torque’s management team, who will continue to lead the business.
