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 mid-market, announced it has made a significant investment in Cross Rental Services, a leading provider of rental services to both retail and commercial customers. The Group operates across Ireland and the UK and is led by Ken Keating (Executive Chairman) who, along with Ruairi Walsh, started the business in 2006 as a division within the wider Cross Group (design, installation and servicing of refrigeration and air conditioning equipment) before carving the business out as a standalone entity.

The business has two divisions: Equipment as a Service (EaaS) and Temperature Control (TC). EaaS includes the rental of industrial fridges, ovens and coffee equipment whilst TC includes heating and chilling units such as industrial boilers and air conditioning units.