Simmons & Simmons advises IMCO on minority investment in TIP Group. Simmons & Simmons has advised the Investment Management Corporation of Ontario (IMCO) on its acquisition of a significant minority interest in TIP Group (TIP) 28 July 2026 International law firm Simmons & Simmons has advised the Investment Management Corporation of Ontario (IMCO), one of Canada's largest institutional investors, on its acquisition of a significant minority interest in TIP Group (TIP), a leading pan European transportation equipment leasing and services platform. Headquartered in Amsterdam, TIP operates a fleet of around 90,000 trailers, trucks and specialised equipment and provides integrated leasing, rental, maintenance and repair, digital fleet solutions and used equipment sales to more than 15,000 customers. Its network spans over 130 locations across 17 countries, making it one of Europe's largest trailer leasing and equipment services businesses. The transaction, involving IMCO and global leader in alternative investments GCM Grosvenor acquiring a 25% minority interest from I Squared Capital, aligns with IMCO's infrastructure strategy focused on resilient businesses and stable cash flows. Completion is expected to take place Q1 2027, subject to regulatory and foreign investment approvals. Simmons & Simmons worked alongside leading Canadian law firm Torys to advise IMCO, with a cross border team led by London Partner Jason Daniel, drawing on the firm's wide infrastructure and private capital expertise with support across the firm's offices in the UK, Netherlands, France, Germany and Italy. Jason Daniel commented: "This transaction is an important step for IMCO as it builds out its direct infrastructure portfolio through exposure to critical transportation assets across Europe. Our international team worked closely with the Torys team to support IMCO in navigating this complex, multi jurisdictional deal, reflecting TIP's role in supporting the wider European logistics ecosystem." Sign up to get the latest legal know-how delivered straight to your inbox.

I Squared Capital has agreed to sell a 25% minority stake in TIP Group, a leading European transportation equipment leasing platform, to Investment Management Corporation of Ontario and GCM Grosvenor. Financial terms were not disclosed. TIP Group, headquartered in Amsterdam, operates a fleet of approximately 90,000 trailers, trucks, and specialised equipment across 130 service locations in 17 countries, serving over 15,000 customers. Since acquiring TIP in 2018, I Squared has transformed the business through organic investment and 30 strategic acquisitions, more than doubling both revenue and EBITDA. The firm expanded TIP's geographic footprint, strengthened its maintenance network, and invested in fleet refurbishment, electrification, and digital capabilities. The transaction is expected to close in the first quarter of 2027, subject to closing conditions and regulatory approvals.