Virginia Transport Limited

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Virginia Transport Limited - overview

Established

1982

Location

-, -, Ireland

Primary Industry

Logistics & Distribution

About

Virginia Logistics is an Irish logistics company specializing in temperature-controlled transport and dry freight solutions, ensuring efficient delivery for various goods across critical sectors. Virginia Logistics was founded in 1982 and provides logistics services focused on temperature-controlled and dry freight transport. The company has not publicly reported any pivots in its business strategy. It operates primarily within Ireland and the UK, serving clients such as manufacturers and retailers.


The firm was acquired by MML Growth Capital Partners Ireland and its management in September 2022. The founder's history and previous ventures are not publicly available. Virginia International Logistics offers a comprehensive suite of logistics solutions specializing in temperature-controlled, dry freight, and containerized transport. The company’s core services are designed to meet the diverse needs of its clients, providing efficient and reliable transportation options for various goods.


Their temperature-controlled transport is particularly essential for businesses requiring stringent conditions for perishable products, while dry freight and containerized services cater to a broader range of logistical needs, ensuring safe delivery across multiple sectors. The firm primarily operates in the markets of Ireland and the UK, engaging with clients that include manufacturers, retailers, and other businesses that rely on timely and efficient transportation solutions. Established over 35 years ago, the company has built a reputation for quality and reliability, making it a preferred logistics partner across its operational regions. Virginia International Logistics generates revenue through its logistics services, which typically operate on a B2B basis.


Business transactions are structured around tailored service agreements that address the specific transportation needs of clients. For example, a manufacturer seeking temperature-controlled transport for food products may enter into a partnership that outlines service frequency, delivery schedules, and pricing terms. The firm’s pricing models reflect the complexities of transport logistics, taking into account factors such as the volume of goods, distance, and special handling requirements. As a result, the revenue model is diversified across different service offerings, supporting the company’s financial stability and growth in the logistics sector.


Following its acquisition in September 2022, Virginia Logistics plans to leverage the investment from MML Growth Capital Partners to expand its footprint in the logistics market. The company aims to introduce new services tailored to emerging needs in temperature-sensitive transport. Specific geographic regions targeted for expansion have not been disclosed, but the investment is expected to enhance their operational capabilities. Future product developments and the timeline for their release will be outlined as part of the strategic growth initiatives following the recent funding.


Current Investors

MML Capital Ireland

Primary Industry

Logistics & Distribution

Sub Industries

Electronic Components & Semiconductor Wholesalers, Food & Beverage Distribution, Freight Transportation Services, Trucking, Warehouses

Website

www.virginialogistics.ie/

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Virginia Transport Limited - financials

Fiscal Year EndedDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)25,415,76831,429,582---
% Revenue Growth (YoY)-23.7%---
EBITDA (USD)4,135,1555,566,775---
Operating Income (USD)1,619,8232,821,242---
Operating Margin6.4%9.0%---
% EBITDA Margin16.3%17.7%---
NET Income (USD)1,331,6012,492,033---
% Net Margin5.2%7.9%---

Virginia Transport 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)
BuyoutCompletedVirginia Transport Limited-

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