Carlsquare advised FoxPost on its sale to CVC and EMMA Capital together with fellow Globalscope member Heal Partners
Carlsquare advised FoxPost on its sale to CVC Funds (“CVC”) and EMMA Capital. Carlsquare jointly advised on this landmark transaction, one of Hungary’s flagship M&A deals in 2024, together with fellow Globalscope member Heal Partners.
FoxPost is a major player in the Hungarian parcel box market, with a robust network of over a thousand e-commerce partners and a remarkable delivery record of 10 million packages last year. Its more than 1,200 automated lockers are present in all major Hungarian cities and densely populated areas, enabling both businesses and individuals to send and receive packages conveniently.
CVC is a global capital and investment manager operating in Europe, Asia and the US, with €177 billion in assets under management. CVC is an investor in 125 companies with a total annual turnover of approximately €100 billion and employs more than 550,000 people.
EMMA Capital, founded in 2012 by Jiří Šmejc, is a private investment holding focused primarily on EU markets, but also active in other markets in Europe and Asia. The firm, which usually plays an active role after it acquires an equity stake, focuses on retail and customer-oriented companies. This transaction follows the CVC-EMMA consortium’s previous acquisition of Packeta, parent company of Zásilkovna, highlighting its strategic investment in the European logistics sector.
Carlsquare complemented the local expertise of Heal Partners with its international investor base, from among whom the ultimate purchasers were secured. This successful collaboration testifies to the power of Globalscope, a network of 55 independent M&A firms spanning 49 countries and 6 continents.