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New Deal


Announced

Dalmore Capital and Generation Capital to acquire a 30% stake in Porterbrook for $618m.

Financials

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Transaction Value£450m
Consideration TypeCash
Capital Owned-
Capital Bid For30%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private Equity

Pending

Acquisition

Domestic

railway equipment

Machinery: Specialty

Minority

Private

United Kingdom

Friendly

Single Bidder

Synopsis

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Dalmore Capital, an independent fund management company, and Generation Capital, an investment firm, agreed to acquire a 30% stake in Porterbrook, a provider of railway vehicle rolling stocks and associated equipment leasing service, for $618m. “We are delighted to welcome Dalmore Capital and Generation Capital as new investors in Porterbrook. We look forward to their support and partnership in the years ahead as we continue to grow and innovate the business, in particular, developing sustainable technologies that help the UK rail sector meet its decarbonisation targets," Mary Grant, Porterbrook CEO.

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