Dawsongroup to be Acquired by KKR with Dentons as Legal Advisor
Deal News | Feb 10, 2025 | Dentons
Affiliates of KKR are set to acquire Dawsongroup plc, an asset leasing business, in a transaction marked by strategic alignment with KKR's Global Climate strategy aimed at decarbonizing and transitioning higher emitting assets. The acquisition will see Dawsongroup, a leader in the asset leasing sector with operations spanning 11 countries, transition from ownership by the Dawson family and existing shareholders. This move is expected to reinforce Dawsongroup's sustainability-led ambitions. Dentons serves as a key legal advisor in this transaction, providing a robust multi-practice team to support KKR, with experts spanning various fields including corporate law, pensions, real estate, and technology. The deal remains subject to regulatory approval with financial details undisclosed.
Sectors
- Private Equity
- Asset Leasing
- Legal Services
Geography
- United Kingdom – Dawsongroup is headquartered in Milton Keynes, UK, and the acquisition involves regulatory considerations within this geography.
- Global – Both KKR and Dentons have a global reach, which is relevant given Dawsongroup's operations across 11 countries, and the international scope of the transaction.
Industry
- Private Equity – The article involves KKR, a major player in the private equity industry, undertaking a significant acquisition.
- Asset Leasing – Dawsongroup operates in the asset leasing industry, providing vehicles and equipment to various businesses, which is central to the transaction.
- Legal Services – Dentons is providing legal advisory services, signifying the involvement of the legal industry in facilitating the acquisition.
Financials
- Not disclosed – The financial terms of the transaction were not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| KKR | Bidding Company | Company | A leading global investment firm pursuing the acquisition of Dawsongroup. |
| Dawsongroup plc | Target Company | Company | A leading independent asset leasing business being acquired by KKR. |
| Dentons | Legal Advisor | Company | Dentons is advising KKR on the acquisition, providing comprehensive legal expertise. |
| Simpson Thacher & Bartlett LLP | Lead Corporate Transaction Counsel | Company | Providing lead corporate transaction counsel to KKR for the acquisition. |
| Dawson Family | Selling Shareholders | People | Existing shareholders selling their stake in Dawsongroup to KKR. |