Private equity firm drives MBO of fleet management group
A commercial vehicle provider has been bought by NorthEdge Capital in a deal that is designed to drive its growth ambitions.
The private equity firm has backed the managing director of Prohire, Dave Barlow, who has led a management buyout.
He said: "The next stage of Prohire’s development will be the most exciting in our 20-year history."
Stoke-on-Trent-based Prohire's services include vehicle specification, procurement, funding and fleet management. It employs 70 people and has achieved sales of around £40m in the financi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
