REG - Partners Grp Pvt Eqt Partners Grp E-PEYS - Sale of Apex Logistics

Partners Private EquityAnnouncement

23/10/2025 07:05

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RNS Number : 5479E  Partners Group Private Equity Ltd  23 October 2025

(LSE: PEY/PEYS)

 

Partners Group Private Equity Limited

 

Sale of Apex Logistics

 

PGPE Ltd is pleased to inform you that Partners Group, its Investment Manager,
has agreed to exit its minority stake in global logistics provider Apex
Logistics.

 

·    The transaction values Apex Logistics at an EV of over USD 4 billion

·    The transaction values the stake of PGPE Ltd in Apex Logistics in
line with the latest published NAV as of 31 August 2025, at approximately EUR
16.7 million.

·    PGPE Ltd invested in Apex Logistics in 2021 and has already
received EUR 8.5 million of distributions up to 31 August 2025; upon closing
of the sale transaction, total distributions received by PGPE Ltd are expected
to amount to approximately EUR 25.2 million

·    Benefiting from thematic tailwinds, Apex Logistics has seen strong
growth over the last five years with EBITDA increasing 151%

 

Partners Group, one of the largest firms in the global private markets
industry, acting on behalf of its clients, has agreed to sell its 24.9% stake
in Apex Logistics ("Apex" or "the company"), an integrated global logistics
solutions provider, to majority shareholder Kuehne+Nagel, one of the world's
leading logistics companies. The transaction values Apex at an enterprise
value of over USD 4 billion. Partners Group's stake sale, which is scheduled
to close in 2025, marks a full exit from its investment in 2021 and a strong
return for the firm's clients.

 

Founded in 2001 and headquartered in Singapore, Apex offers logistics
solutions centered on air and sea freight transportation, with warehousing and
distribution as auxiliary services. Kuehne+Nagel and Partners Group have
worked together on a shared ambition to transform Apex into a global logistics
platform, driving strategy and value creation from board level in partnership
with management. Key initiatives included enhancing technology and
capabilities to serve global blue-chip clients, increasing charter-flight
capacity to enable greater agility and customer responsiveness, and investing
in operations. This has helped drive strong growth at Apex, with EBITDA
increasing 151% over the last five years.

 

Today, Apex has 48 sites worldwide that serve over 20,000 customers in more
than 70 countries. Apex serves customers across a range of industries
including semiconductors, electric vehicles, consumer electronics, retail
& fashion, perishables, and chemicals. Apex moved 420,000 tons of
airfreight and 300,000 TEU of ocean freight in 2024.

 

Further information is available in the press release
(https://www.partnersgroup.com/en/news-and-views/press-releases/investment-news/detail?news_id=1810c8e4-5c44-498a-8c08-b6425c1cb0f6)
 issued by Partners Group.

 

Ends.

 

About Partners Group Private Equity Limited

PGPE Ltd is an investment holding company founded in 1999 and domiciled in
Guernsey. It invests in private equity direct investments. PGPE Ltd is managed
in its investment activities by Partners Group, a global private markets
investment management firm with over USD 174 billion in investment programs
under management in private markets, of which USD 83 billion is in private
equity. Partners Group itself is listed on the Swiss Stock Exchange (ticker:
PGHN). PGPE Ltd aims to provide shareholders with long-term capital growth and
an attractive dividend yield. PGPE Ltd is traded on the Main Market of the
London Stock Exchange (ticker: PEY for the Euro quote; PEYS for the Sterling
quote).

 

 

Contacts

Partners Group Private Equity Limited:

pgpe-ltd@partnersgroup.com

www.partnersgroupprivateequitylimited.com

 

 Investor relations contact:                  Media relations contact:

 Andreea Mateescu                             Jenny Blinch

 Phone: +41 41 784 66 73                      Phone: +41 41 784 65 26

 E-mail: andreea.mateescu@partnersgroup.com   E-mail: jenny.blinch@partnersgroup.com

 

Registered Number: 35241   LEI: 54930038LU8RDPFFVJ57

Notes:

1.     Note that references in this announcement to Partners Group Private
Equity Limited have been abbreviated to "PGPE Ltd" or "the Company".
References to Partners Group AG have been abbreviated to "Partners Group" or
"the Investment Manager".

2.     This document does not constitute an offer to sell or a
solicitation of an offer to buy or subscribe for any securities and neither is
it intended to be an investment advertisement or sales instrument of Partners
Group Private Equity Limited. The distribution of this document may be
restricted by law in certain jurisdictions. Persons into whose possession this
document comes must inform themselves about and observe any such restrictions
on the distribution of this document. In particular, this document and the
information contained therein are not for distribution or publication, neither
directly nor indirectly, in or into the United States of America, Canada,
Australia or Japan.

3.     This document may have been prepared using financial information
contained in the books and records of the product described herein as of the
reporting date. This information is believed to be accurate but has not been
audited by any third party. This document may describe past performance, which
may not be indicative of future results. No liability is accepted for any
actions taken on the basis of the information provided in this document.
Neither the contents of PGPE Ltd's website nor the contents of any website
accessible from hyperlinks on PGPE Ltd's website (or any other website) are
incorporated into, or form part of, this announcement.

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