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Fast Group is a Cebu City, Philippines-based organization that provides end-to-end logistics solutions, encompassing freight forwarding, trucking, warehousing, air and sea transport, and consumer goods distribution. The enterprise operates one of the most extensive supply chain networks in the country, managing a commercial transport fleet consisting of over 2,500 vehicles through various strategic partnerships. In December 2020, the company secured a P6 billion private equity investment from CVC Capital Partners to further fund its domestic infrastructure expansion. Fast Group serves large multinational corporate clients such as Nestle and actively invests in the broader regional e-commerce sector, notably leading a $30 million Series B funding round for Great Deals E-Commerce in May 2021. The logistics operation was formally established in 1973, stemming from a maritime shipping business originally founded by William L. Chiongbian in 1945.
Fast Group has 1 tracked investment across 1 company. The latest tracked deal is $30.0M Commerce - Series B in Great Deals E-Commerce in May 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 19, 2021 | Great Deals E-Commerce | $30.0M Commerce - Series B | Fast Group | CVC Capital Partners, Navegar |