Perwyn Exits Majority Holding in Lowe Rental

Lowe Rental Corporation To Welcome MML Keystone as New Majority Shareholder

Lowe Rental Corporation, headquartered in Lisburn, Northern Ireland, is the global market leader in sustainable rental services, specialising in commercial refrigeration and catering equipment as well as kitchen and cold room infrastructure. The business is pleased to announce the signing of an agreement for a new majority investment from MML Keystone, which will mark the […] The post Lowe Rental Corporation To Welcome MML Keystone as New Majori…

Perwyn exits majority holding in Lowe Rental

European private equity investor Perwyn has entered an agreement to exit its majority holding in Lowe Rental to MML Keystone, realising a 5.3x multiple on invested capital. Perwyn will also be reinvesting in the company. Lowe Rental is headquartered in Northern Ireland and is a sustainable rental services provider, specialising in commercial refrigeration and catering equipment as well as kitchen and cold room infrastructure. The transaction fol…