London – Mayer Brown has advised CBPE Capital ("CBPE") on its investment in Velociti Solutions, a market-leading provider of transportation software.
The investment has been made alongside Management and existing investor Literacy Capital who will retain a minority stake. CBPE's investment will help enhance Velociti's market leadership and support growth through product development, expansion into new international markets and targeted M&A.
Velociti is a provider of mission critical operational software to transport providers with a focus on Bus and Rail. Its software automates the complex staffing, compliance and routing requirements across both verticals before, during and after journeys. Velociti operates across the UK, APAC and the Middle East, is Headquartered in Bromsgrove and employs over 100 people across the Group.
Established in 1984, CBPE is a London-based private equity firm that specialises in mid-market investments across the UK. The firm actively invests into companies in the financial, consumer, healthcare, industrial, leisure, business services and technology sector.
The Mayer Brown team was led by Private Equity partner Jessica Kolhorn and included partner James West, associates Joshua Flew, James Beattie, Shelby Buchanan, Toby Boyd and Aleksander Larski, Banking & Finance partner Stuart Brinkworth and associates Mike Gorski and Boaz Levy, IP partner Oliver Yaros, senior associate Reece Randall and associate Alasdair Maher, Employment & Benefits partner Christopher Fisher, counsel James Perrott and senior associates Mark Rose and Tejmin Kishun, Antitrust & Competition partner Mark Hills and associate Victoire Sineau, Real Estate partner Iain Roberts and associate Julia Wyszomirska, Tax partner Ben Eaton and senior associate Kathryn Buddington, International Trade & Sanctions partner Jason Hungerford and associate Kirsty Morris, Environmental partner Tim Baines and consultant Michael Hutchinson and Pensions partner Andrew Block and associate Lucy Moore.