Dalmore Capital and Equitix completed the acquisition of a 33% stake in Cross London Trains from 3i Infrastructure for £333m.

A consortium comprising Dalmore Capital and Equitix Investment Management completed the acquisition of a 33% stake in Cross London Trains, which provides transportation services, from 3i Infrastructure for £333m ($433m). “We are delighted to add XLT to our existing portfolio of rolling stock assets. Assets like XLT with unique fleet characteristics, demonstrable benefits for network users and long term visibility on returns are very attractive to our investors,” Michael Ryan, Dalmore Capital Chief Executive Officer.