Simpson Thacher advised I Squared Capital, a leading independent global infrastructure investor, with its agreement to sell a 25% minority interest in TIP Group ("TIP"), one of Europe’s leading transportation equipment leasing and services platforms, to Investment Management Corporation of Ontario and GCM Grosvenor.
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 specialised equipment with over 130 service locations in 17 countries. TIP 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.
The Simpson Thacher team includes Amy Mahon, Kate Strachan, Niccolò Calvi, Lewis Whiteoak, Cie Jen Wong, Jamie Lai, Nicholas Khong and Ally McCourt (Energy and Infrastructure); Oliver Rosshandler and Amena Charles (Tax); and Josh Buckland, Henry Llewellyn and Antti Kunnari (Antitrust).