I Squared Capital will sell a 25 percent minority interest in TIP Group, a European transportation equipment leasing and services platform, to Investment Management Corporation of Ontario (IMCO) and GCM Grosvenor, the global infrastructure investor announced.
Headquartered in Amsterdam, TIP is one of Europe’s largest trailer-leasing and equipment-services companies, operating a fleet of approximately 90,000 trailers, trucks and specialized equipment with more than 130 service locations in 17 countries. The company provides integrated leasing, rental, maintenance and repair, digital fleet solutions, and used-equipment sales to more than 15,000 transportation and logistics customers across Europe.
Since acquiring TIP in 2018, I Squared said it has transformed the business into a market-leading Pan-European transportation equipment platform through organic investment and 30 strategic acquisitions. I Squared has expanded TIP’s geographic footprint, strengthened its mai
