Investment to spur “rapid growth” at Secured Mail

UK-based Secured Mail will look to “fully capitalise” on new opportunities after receiving equity investment from Next Wave Partners. The agreement will allow the operator to continue with its “rapid growth plans”, it confirmed.

The “significant” investment from Next Wave Partners – a figure that remains undisclosed – will see Secured Mail’s existing investors exiting the business.

Established in Liverpool in 2006, Secured Mail processes millions of letters every night and is predicting a turnover of around £50m this year.

Now, the growth capital investment will “enable the company to fully capitalise on the many opportunities that exist within the market place”.

Mark Bigley, managing director of Secured Mail (pictured), said: “We have grown to become one the largest postal providers in the country as a result of our excellent quality of service and attention of detail.

“Setting the business up in Liverpool, Secured Mail has a national reach with sites in London and a recently opened mail hub in Warrington. Further expansion is planned over the next 12 months.

“It goes without saying this external investment is a significant boost for our company. The investment received from Next Wave will allow us to bring the next phase of our vision to life and support the growth we intend to achieve.”

PKF and Hill Dickinson advised Secured Mail on the deal. Mazars and Stevens and Bolton advised Next Wave.

Stephen Walls, partner from Next Wave, added: “Secured Mail has achieved phenomenal growth and this is set to continue over the next few years.

“The management team, led by Mark Bigley, has developed a business based on creativity, operational flexibility and a very robust operational network.

“They are driving it forward with true entrepreneurial spirit. As a growth capital investor we see a real opportunity to partner and support the management team in delivering continuing strong growth.”