GFS secures investment
GFS has secured investment from Phoenix Equity Partners to enable the delivery technology business to continue to develop its solution. The GFS solution manages the delivery of some 10 million parcels a year via a range of carriers. It provides its customers with access to over 1000 delivery options through some 50 carriers.
Neil Cotty, CEO of GFS, said "Over the past few years GFS has grown rapidly as eCommerce businesses increasingly recognise the importance of delivery options as a key differentiator and source of competitive advantage. Adding, "GFS' market leading platform allows SMEs to compete with the largest retailers on delivery."
GFS shareholders and its management team were advised by law firm TempleBright.