Evri Limited

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Evri Limited - overview

Established

1974

Location

Leeds, -, UK

Primary Industry

Consumer Services

About

Evri Limited, formerly known as Hermes, is a UK-based logistics company specializing in efficient parcel delivery services for both individuals and businesses. Evri Limited is a logistics and parcel delivery service headquartered in Leeds, UK. Founded in 1974, the company has pivoted from its previous identity as Hermes to enhance its service offerings. The company has completed 4 deals, with the most recent being a SECONDARY BUYOUT completed on 13 February 2025, raising GBP 2,700.


00 mn from Apollo Global Management. The company is led by CEO Martijn De Lange and Olaf Schabirosky. Evri specializes in comprehensive parcel delivery and courier services, catering to both domestic and international markets. Their core offering includes a streamlined platform that allows users to send, track, and return parcels efficiently through over 10,000 ParcelShops and Lockers across the UK.


Evri addresses shipping pain points such as cost, convenience, and speed by offering competitive pricing for parcels up to 15kg and next-day delivery options. The company operates internationally, delivering to over 220 countries and territories, serving a diverse clientele that includes well-known retailers and online shops. In the most recent year, Evri reported a revenue of GBP 2,361,159,403. 10 and an EBITDA of GBP 397,231,205.


70, indicating a robust financial performance supported by its competitive pricing strategies and diverse customer base. With the recent acquisition of a minority stake by Osprey Investors in February 2025, Evri Limited plans to utilize the investment to support its growth and expansion initiatives. The company aims to launch new products and expand its market reach, targeting additional geographic regions to enhance its service availability. Specific details regarding upcoming product releases are being developed, and the strategic focus will include increasing operational capabilities across new territories.


Current Investors

Advent International, Osprey Investors

Primary Industry

Consumer Services

Sub Industries

Courier & Delivery Services, Logistics & Distribution

Website

www.evri.com

Verticals

Mobile Apps

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Evri Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedColl-8 Logistics Ireland Ltd-
Add-on, Corporate Carve OutCompletedEvri Premium-
Secondary BuyoutCompletedEvri Limited-
Secondary BuyoutCompletedEvri Limited-
Private DebtCompletedEvri Limited-

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