DC Advisory advised LFPI and the shareholders of Uperio on its sale to Towerbrook and the management team

Background

• Founded in 2019 following the merger of Matebat and Arcomet, Uperio is a global leader in tower crane distribution, rental and services 
• Uperio has established itself as a leading global tower crane rental player while developing its expertise in the distribution and services activities through an ambitious organic and external growth strategy
• In 2020, Uperio generated revenues of c.€200m
• Towerbrook, is a investment management firm headquartered in London, UK

Process

• DC Advisory acted as co-financial advisor to LFPI, Sofina, Gigarant and the other shareholders of Uperio on its sale process

Outcome

• In June 2021, Towerbrook signed an agreement to acquire a majority stake in Uperio, enabled by financing set up with Uperio’s historic banking pool
• Together, they aim to provide Uperio with the means to expand its leading position in the tower crane distribution, rental and services market
• This transaction further illustrates DC Advisory's expertise in the private equity sector and strengthens its knowledge of the construction services sector
• The deal, which is expected to close in summer 2021, is subject to review by relevant competition authorities