Global Infrastructure SherpaI Squared Capital Acquires Controlling Stake in TIP Trailer Services
I Squared Capital acquired a controlling stake in TIP Trailer Services, a leading trailer leasing and services company in Europe, from HNA Group. The acquisition aims to support TIP's continued growth and expansion in the European market.
Source Intelligence
TIP operates in 17 countries and has a fleet of over 66,000 trailers and 86 trailer service centers serving approximately 7,700 customers. Quote: "Headquartered in Amsterdam and operating in 17 countries, TIP is one of the leading companies in its field in markets across Europe including Germany, the UK, Italy, France, Spain and the Benelux countries, as well as in Canada. It has a fleet of over 66,000 trailers and 86 trailer service centers serving approximately 7,700 customers, including numerous global logistics operators and retailers."
"I Squared Capital, an independent global infrastructure investment manager, has signed an agreement through its ISQ Global Infrastructure Fund II, to acquire a 100 percent interest in TIP Trailer Services"
"I Squared Capital, an independent global infrastructure investment manager, has signed an agreement through its ISQ Global Infrastructure Fund II, to acquire a 100 percent interest in TIP Trailer Services"
"to acquire a 100 percent interest in TIP Trailer Services, a leading pan-European and Canadian trailer leasing and services company, from HNA Group (International) Company Limited."
"Linklaters is legal advisor to I Squared Capital."
"EH Global Capital is the financial advisor to HNA"
"CMS is HNA’s legal advisor."