Fleet management firm Prohire Group has sold a majority stake in the business to private equity house NorthEdge Capital in a move aimed at fuelling its acquisition strategy. Under the deal the existing management team, including managing director David Barlow, will remain at the firm’s helm, with NorthEdge director Phil Frame and investment executive Greg Holmes joining the board in a non-executive capacity. The capital raised by the MBO will be used to fund targeted acquisitions as part of a […]
March 11, 2019 Carol Millett
Asco Foods has sealed a contract hire and maintenance deal with Prohire for two 26-tonne Mercedes-Benz Actros vehicles and a DAF 18-tonner.
May 20, 2014 Hayley Pink
Prohire has invested nearly £1m in its ‘spot rental’ fleet as demand for hire vehicles continues to increase.