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Arjun Infrastructure Partners and University Pension Plan Ontario completed an investment in Angel Trains.

Financials

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Transaction Value-
Consideration TypeCash
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Leasing

train leasing services

United Kingdom

Acquisition

Minority

Cross Border

Private

Completed

Friendly

Single Bidder

Private Equity

Synopsis

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Arjun Infrastructure Partners, an independent asset management firm, and University Pension Plan Ontario, a defined benefit pension plan, completed an investment in Angel Trains, a rolling stock company in the UK. Financial terms were not disclosed. “Arjun is delighted that UPP have chosen to make this significant commitment to its European infrastructure platform, underscoring their dedication to growth in the region. Angel Trains has excellent ESG credentials with sector-leading commitment to decarbonization and innovation; its ‘cradle-to-grave’ asset stewardship approach ensures fleets deliver their full potential throughout their asset lives. We are delighted to continue supporting the company and its highly regarded management team in delivering its next phase of development,” Surinder Toor, Arjun Infrastructure Partners Managing Partner.

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