Pegasus flies high with prime Mayfair acquisition. Grade-II listed, six-storey townhouse Pegasus, the flourishing UK trading, logistics and investment group, has bought a prime Mayfair property. The value of the deal is undisclosed. The company has purchased the freehold of the historic 31 Curzon Street in the heart of London's glamorous West End from UK property developers and investors Richardsons. This elegant Grade-II listed, six-storey townhouse will now serve as Pegasus's HQ and group family office and a base for its operations across the UK and abroad. While 31 Curzon Street will be Pegasus's national and international base, the group also owns 106,500 sq ft of high-quality office and warehousing space at Logic Leeds business park by Junction 45 of the M1. Ivan Zhou, CEO of Pegasus, which celebrates its 20th anniversary this year, explained: "This is a major milestone in the proud history of its company. It follows significant growth across all its group business lines, supports its strategic growth objectives and reflects its ambition for the future. "As owner occupiers, Yorkshire Times will use 31 Curzon Street for a whole host of activities, from client hospitality to international meetings and day-to-day internal and external conferences. It is now a key part of its investment portfolio. Grade-II listed, six-storey townhouse "It is a fabulous townhouse with a wealth of history and a magnificent Georgian façade and Yorkshire Times is now well underway with a comprehensive refurbishment to restore the building to its former glory. This was a rare opportunity to buy a super-prime building in the heart of Mayfair and Yorkshire Times couldn't pass it up. Ivan added: "We are taking the utmost care with the refurbishment, which will cost £5m, starting with the main reception room and boardroom facing Curzon Street. The refurbishment will be complete by early Summer 2027." 31 Curzon Street is next door to the famous Crockfords casino, which closed in 2023 after 195 years, earning it the status of the oldest casino in London. Meanwhile Rufus Isaccs, 1st Marquess of Reading, lived and died at 32 Curzon Street. He served as Lord Chief Justice of England, Viceroy of India, and Foreign Secretary. Other famous residents of Curzon Street include 19th century Prime Minister Benjamin Disraeli, novelist Nancy Mitford, the Dukes of Grafton and Marlborough, the First Marquess of Reading and pop and rock musicians Keith Moon, Mama Cass and Harry Nilsson. Mayfair is now one of the most exclusive areas in the West End of London, boasting several major corporate headquarters, a substantial amount of luxurious residential properties, upmarket shops and London's largest concentration of five-star hotels and restaurants. The shortened address for this article is: newspub.uk/021jl

Pegasus Logistics Group appoints Karl Schultz as Chief Information Officer. PR Newswire Today at 10:40am PDT Pegasus Logistics Group is proud to welcome Karl Schultz as Chief Information Officer. Karl brings extensive experience leading global IT strategies and driving system modernization across growing organizations. In his new role, he will guide its technology roadmap, strengthen its infrastructure, and help advance its AI initiatives to support smarter, more scalable operations. COPPELL, Texas, May 5, 2026 /PRNewswire-PRWeb/ - Pegasus Logistics Group is pleased to announce the appointment of Karl Schultz as Chief Information Officer (CIO). In this role, Karl will lead the company's global information technology strategy, with a focus on scalable systems, security, and digital innovation to support Pegasus Logistics' continued growth. "Pegasus Logistics is a company that values both innovation and people," said Karl Schultz. "I'm excited to join a leadership team that is focused on building sustainable, scalable solutions while staying true to a strong culture and client-first mindset." Karl is a seasoned technology executive and hands-on leader with experience spanning startups through global organizations. His background includes senior leadership roles across software, technology services, and enterprise IT environments, with a strong emphasis on system modernization, cloud platforms, and building IT strategies that align closely with business objectives. Most recently, Karl served in executive technology leadership roles supporting cloud-based SaaS platforms and global IT operations. Throughout his career, he has played key leadership roles in organizations navigating growth and transformation, overseeing enterprise IT operations, guiding complex technology integrations, and leading system transitions. Known for blending strategic vision with practical execution, Karl brings a balanced and collaborative approach to technology leadership. Karl holds a degree from Texas A&M University and has completed professional certifications in IT service management and enterprise systems. He is recognized for his ability to translate complex technology strategies into clear, actionable outcomes that support innovation and long-term growth across organizations. "Karl is a proven technology leader who understands how to build systems that scale while keeping the business and its people at the center," said Ken Beam, CEO of Pegasus Logistics Group. "His experience and leadership style align perfectly with our vision as we continue to invest in technology that strengthens our operations and enhances the client experience." As CIO, Karl will lead Pegasus Logistics Group's global technology roadmap, overseeing infrastructure, cybersecurity, and systems innovation, and advancing the company's AI initiatives while partnering closely with teams across the organization to support operational efficiency and data-driven decision-making. "Pegasus Logistics is a company that values both innovation and people," said Karl Schultz. "I'm excited to join a leadership team that is focused on building sustainable, scalable solutions while staying true to a strong culture and client-first mindset." About Pegasus Logistics Group Founded in 1994, Pegasus Logistics Group specializes in solving complex logistics challenges with a client-first mindset. From time-sensitive freight and project logistics to managed delivery and final-mile services, Pegasus is known for its high-performance culture and operational excellence. The company is consistently recognized by the Dallas Business Journal's Middle Market 50 and is a Certified Great Place to Work. Media Contact Sara Buckley, Pegasus Logistics Group, 1 817-875-5907, [email protected], www.pegasuslogistics.com SOURCE Pegasus Logistics Group This is a paid placement. For further inquiries, please contact PR Newswire directly.