CBPE has made a significant investment into Velociti Solutions (“Velociti”), a market-leading provider of transportation software.
CBPE has made a significant investment into Velociti Solutions (“Velociti”), a market-leading provider of transportation software.
Velociti is a provider of mission critical operational software to transport providers with a focus on Bus and Rail. Its software automates the complex staffing, compliance and routing requirements across both verticals before, during and after journeys. Velociti operates across the UK, APAC and the Middle East, is Headquartered in Bromsgrove and employs over 100 people across the Group.
The investment has been made alongside Management and existing investor Literacy Capital who will retain a minority stake. CBPE’s investment will help enhance Velociti’s market leadership and support growth through product development, expansion into new international markets and targeted M&A.
CBPE is delighted to be backing an impressive and highly experienced team, led by Jeff Hewitt, CEO, to continue to scale the business by extending the core product portfolio and expanding into new adjacencies and undertaking targeted M&A.
CBPE’s investment in Velociti continues its strong track record of investing in vertical software businesses and in the broader technology services sector. Notable investments include Xceptor (financial services software), The Key (education software), FSP (digital transformation), Mindera (software engineering) and Apadmi (digital products).
Velociti represents the first investment from CBPE Fund XI, which closed at the hard cap of £714m in March 2025 within four months of launch. Fund XI will continue CBPE’s established strategy of backing growing, cash-generative UK & Ireland headquartered businesses with enterprise values of up to £175 million.
Velociti has deep experience in the transport sector, building innovative software to help our clients deliver efficient, safe and reliable transport operations around the world. We are delighted to partner with CBPE and continue our excellent relationship with Literacy Capital who will help us accelerate our ambitious growth plans, both in the UK and internationally, through organic growth and further acquisitions. We are looking forward to working with the CBPE team to deliver on the many opportunities ahead of us.
The mission critical nature of Velociti’s software solutions and the demonstrable value that customers receive mean that the business is well placed to continue to benefit from increasing adoption of software solutions in the transport sector. The business has great momentum and is seeing significant traction both in the UK and internationally. We are excited to partner with Jeff, the wider management team and Literacy Capital for the next phase of growth.
Terms of the transaction were not disclosed.
CBPE’s investment in Velociti was led by Jason Khaksar and Tom McDonnell, with support from Maximilian O’Connell and Daniel Rossell. Jason Khaksar and Tom McDonnell will join the Board post-completion.
CBPE were advised by Houlihan Lokey (M&A), Mayer Brown (Legals), JEGI Clarity (Debt Advisory), KPMG (FDD), PwC (CDD, Tax & Structuring), Howden (Insurance) and Anthesis (ESG). Literacy Capital and Management were advised by KPMG (M&A), Hogan Lovells (Legals), CIL (CDD) and PWC (FDD).
