Walker Morris advises Virgin Money on £25m funding for logistics business
29th June 2026
Walker Morris’ Banking & Finance team has advised Virgin Money on a £25 million funding package to support Specialist People Services (SPS), the parent company of Driver Hire, a logistics recruitment and training business.
The funding will enable the business to refinance its existing facilities and provide additional liquidity to support its continued growth. The company operates nationally, delivering recruitment and specialist training services across the logistics and supply chain sector.
This transaction highlights the team’s track record in advising lenders on financing arrangements across a range of sectors, including recruitment, training and logistics.
Partner and Head of the Banking & Finance team, Philip Scott, led the Walker Morris team with support from Lauren Hall (Senior Associate) and Rachel Bradbury (Associate).
Commenting on the transaction, Philip Scott said, “We’re proud to have supported Virgin Money on this transaction. The funding provides a strong platform for the business to continue its growth trajectory and respond to increasing demand across the logistics and training sector.
“It reflects the continued appetite from lenders to back high-quality businesses addressing critical skills and workforce challenges.”
