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New Deal


Announced

Arcus to acquire Coolworld Investments from Gimv.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Netherlands

Equipment Rental

Majority

Private Equity

temperature control

Acquisition

Cross Border

Private

Pending

Friendly

Single Bidder

Synopsis

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Arcus, a fund manager, agreed to acquire Coolworld Investments, an industrial temperature control equipment rental specialist, from Gimv, a European investment company. Financial terms were not disclosed. “As part of our broader industrial infrastructure sector strategy, Coolworld stands out as a market-leading pureplay specialist in the temperature control asset leasing space. The Company has a well invested asset fleet, top-tier management team, long-term operating relationships and excellent market reputation, with decades of track record in providing its mission-critical asset rental solutions to growing and resilient end markets in Europe. It is an excellent fit within AEIF3’s infrastructure investment strategy, and a business where we can leverage our significant experience in value-add asset leasing as well as cold chain infrastructure. We look forward to working closely with Coolworld’s excellent management team to deliver the next phase of growth for the Company,” Jordan Cott, Arcus Infrastructure Partners.

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