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Astatine Investment Partners completes acquisition of NRG Riverside to strengthen its infrastructure investments

PRIVATEApr 24, 2024

Acquiring Company

Astatine Investment Partners

Acquired Company

NRG Riverside

GreenwichLancashireFinancial ServicesFinanceVenture CapitalAngel Investment

Description

Astatine Investment Partners, a leading private equity firm focused on infrastructure investments, has announced the acquisition of NRG Riverside, the UK’s leading rental provider of specialist waste collection vehicles. This acquisition is aimed at supporting NRG Riverside in its next phase of growth, including the transition to zero emission vehicles.

Quick answer

Astatine Investment Partners is acquiring NRG Riverside, announced April 24, 2024. Astatine Investment Partners is based in Greenwich, Connecticut, United States.

How much did Astatine Investment Partners pay for NRG Riverside?
The deal value was not disclosed.
What does Astatine Investment Partners do?
Astatine Investment Partners is a leading, independent, mid-market private equity firm focused on infrastructure investments.
Where are Astatine Investment Partners and NRG Riverside based?
Astatine Investment Partners is based in Greenwich, Connecticut, United States. NRG Riverside is based in Lancashire, England, United Kingdom.

Source: Fundz verified event record.

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Company Information

Company

Astatine Investment Partners

Location

Greenwich, Connecticut, United States

About

Astatine Investment Partners is a leading, independent, mid-market private equity firm focused on infrastructure investments. AIP manages three funds that invest in infrastructure in North America and Europe. It targets investments in the digital, transportation, utility-related, and essential services sectors, with the objective of generating attractive risk-adjusted returns for investors through a combination of capital appreciation and a strong focus on cash yield. Astatine has invested in more than 30 infrastructure businesses across North America and Europe.

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Frequently asked

Who acquired NRG Riverside?

NRG Riverside was acquired by Astatine Investment Partners, based in Greenwich. The deal was reported on April 24, 2024. Astatine Investment Partners is a leading, independent, mid-market private equity firm focused on infrastructure investments. AIP manages three funds that invest in infrastructure in North America and Europe. Astatine Investment Partners is privately held and operates in Financial Services.

When did Astatine Investment Partners acquire NRG Riverside?

Astatine Investment Partners's acquisition of NRG Riverside was reported on April 24, 2024. Astatine Investment Partners, a leading private equity firm focused on infrastructure investments, has announced the acquisition of NRG Riverside, the UK’s leading rental provider of specialist waste collection vehicles. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does NRG Riverside do?

NRG Riverside is one of the UK's largest specialist fleet management companies, supplying many of the nation's most complex fleets with the latest vehicles, supported by state-of-the-art maintenance and a UK-based in-house team available 24/7. It is privately held, and is based in Lancashire.

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