The mail company was valued at £200m in the IPO on the AIM market of the London Stock Exchange.
European Capital invested second lien and mezzanine debt in the buyout of DX Group by private equity firm Candover Partners in 2006.
As a result of a restructuring agreement in 2010, European Capital became both a shareholder and a lender.
European Capital managing director Jerry Tebbutt said, “We have greatly enjoyed working with Petar, David and the DX team over the last four years.
“The acquisition of the freight business in 2012 has transformed the group and the service offering of the DX Group. We wish the team every success in the future as a listed group.”
Last year European Capital exited its investment in Metall Technologie Holdings for a return of 1.6 times after more than six years of ownership.
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