Parsons Containers Ltd.
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Parsons Containers Ltd. - overview
Established
2000
Location
-, -, UK
Primary Industry
Logistics & Distribution
About
Parsons Containers Ltd. specializes in providing shipping containers for sale and hire, serving a broad customer base across the UK. Their offerings include customizable containers for various storage and project needs. Parsons Containers Ltd.
is a UK-based company founded in 2000. The firm focuses on the sale and rental of shipping containers, catering particularly to clients in the North East of England and throughout the UK. The company has been involved in one funding deal, with the most recent investment round being a GROWTH round in October 2018, when GBP 0. 830 million was raised from Maven Capital Partners and the European Regional Development Fund.
The CEO of the company is Ean Parsons. Parsons Containers Ltd. specializes in the sale and hire of shipping containers, catering primarily to a diverse clientele in the North East of England and across the UK. Their core offerings include high-quality shipping containers, which can be customized for a variety of applications, ranging from storage solutions to bespoke project implementations.
The company operates through multiple brands, including ContainerContainer, which provides containers for various uses nationwide, and U Hold The Key, known for its extensive self-storage facilities. The versatility of these containers addresses multiple end-use cases, such as temporary storage for businesses, personal storage needs, and innovative uses in construction and events. Customers include individuals, businesses, and organizations requiring reliable and flexible storage solutions. Parsons Containers Ltd.
generates revenue through the sale and rental of shipping containers, leveraging both direct-to-consumer and B2B transaction structures. The company engages in straightforward rental agreements and sales transactions, where clients can choose between purchasing or hiring containers for specified durations. This flexible pricing model allows customers to select options that best meet their needs, whether for short-term projects or long-term storage solutions. Additionally, the company’s brands, such as ContainerContainer and U Hold The Key, significantly contribute to expanding revenue through tailored services and comprehensive customer support.
While specific financial figures are not disclosed, the structured approach to transactions enhances customer satisfaction and fosters long-term relationships, contributing to the firm's overall financial performance. Parsons Containers Ltd. plans to utilize the recent GROWTH round funds raised on October 25, 2018, amounting to GBP 0. 830 million, for expanding its product offerings and enhancing operational capabilities.
The company is focusing on introducing new shipping container designs aimed at various applications, with expected launches in the coming years. Furthermore, Parsons Containers Ltd. is targeting geographic expansion beyond the North East of England, aiming to penetrate markets in Scotland and Wales by 2025, leveraging its established brands and customer relationships to facilitate growth.
Current Investors
Maven Capital Partners, European Regional Development Fund
Primary Industry
Logistics & Distribution
Sub Industries
Power Generation Equipment & Services, Warehouses, Packaging
Website
www.parsonscontainers.co.uk
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Parsons Containers Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Parsons Containers Ltd. | - |
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