Panoramic Growth Equity and Maven Capital Partners, through its professional client investment platform, Maven Investor Partners, have backed the management buyout of Glasgow-based distribution and logistics specialist Bullet Express.

The transaction includes a multi-million pound investment from Panoramic and Maven, alongside the existing Bullet shareholders, David McCutcheon, Gary Smith and John McKail. The transaction was introduced by Emerald Capital Partners, who also invested in the deal via Maven Investor Partners.