RDJ advises Cross Rental and Hire Services Limited in connection with sale to Lonsdale Capital Partners, a UK based private equity house

RDJ advises Cross Rental and Hire Services Limited in connection with its acquisition by Lonsdale Capital Partners, a UK based private equity house and subsequent rollover investment.

Cross Rental Services is a market 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.

With Lonsdale’s support, Cross Rental and Hire Services will focus on continuing its strong growth in recent years, consolidating its position in the Irish market, alongside significant focus on the UK. Growth in the UK will be achieved organically and via selective bolt-on acquisitions.

RDJ’s deal team was led corporate partner Gillian Keating and included support from the firm’s banking, tax, employment and property teams.