MML Keystone to acquire a majority stake in Lowe Rental from Perwyn.

MML Keystone, an international mid-market private equity firm, agreed to acquire a majority stake in Lowe Rental, a provider of sustainable rental services, from Perwyn, a European private equity investor. Financial terms were not disclosed. "We have been greatly impressed by the global platform that Rachel and the team at Lowe Rental have built, and we have a strong conviction in the value that the Lowe Rental Equipment-as-a-Service model delivers to its clients. The combination of customer impact, innovation, and sustainable growth aligns closely with MML Keystone’s investment philosophy," Andrew Honan, MML Co-Managing Partner.