For us adding value is all about partnership. Our interest is to use our experience & network to work with management teams.

Lonsdale Capital Partners (“Lonsdale”), the private equity firm focused on the lower midmarket, today announced that portfolio company, Cross Rental Services Group has completed the acquisition of Acclimatise Limited (“Acclimatise”). The acquisition further cements Cross’ position as one of the largest specialist chiller, boiler, heating & air conditioning rental companies in the UK and Irish market and is a signal of Lonsdale’s commitment to continue to invest capital despite the current environment.

Lonsdale has now completed fourteen bolt-on acquisitions for its portfolio companies and eight platform investments, since closing its first institutional fund of £110 million in April 2016.