DBAY Advisors Limited

21 Aug 2025
  • AIM

HaysMac supported DBAY Advisors Limited with their investment in Alternative Parcels Company Limited (“APC”).

APC is the largest independent parcel delivery network in the UK (processing over 30m parcels in the year to 31 March 2025). The APC network is made up of local depots owned by entrepreneurial members, focusing on overnight delivery across the UK, particularly for ‘niche parcels’.

HaysMac played a key role in the transaction by performing core services including Financial & Tax Due Dilligence, Share Purchase Agreement (SPA) and Tax restructuring support.

Details of the deal

The transaction was completed by way of an investment by DBAY, Logistics Development Group (LDG) &  WS Investco Limited into Framtid TopCo Limited, as the investment vehicle. The transaction resulted in a 78.32% interest in APC by way of a mixture of equity and debt facility.

Looking forward

We are excited to support DBAY and LDG on their continued partnership with Framtid TopCo Limited with regard to their future investment in the logistics industry which is part of their broader strategy. Details of which can be found in the RNS for the APC acquisition here.