Thursday, November 14, 2024
David M. Rubenstein, Co-Founder and Co-Chairman of the Board | The Carlyle Group

Carlyle finances GIP's acquisition of Lanes Group with £205m loan

Global Infrastructure Partners (GIP), part of BlackRock, has acquired Lanes Group with the support of a £205 million financing package from Carlyle's Global Credit platform. The deal was announced by Carlyle, a global investment firm listed on NASDAQ as CG.

Lanes Group is recognized as a leading provider in the UK wastewater infrastructure sector. With over 4,000 employees, the company has been privately owned for more than 30 years and is known for its strong local presence and commitment to innovation. This acquisition aims to help Lanes Group accelerate growth plans, expand service offerings, strengthen customer relationships, and invest in new technologies.

Carlyle’s Global Credit platform manages $190 billion in assets and focuses on investments in privately negotiated debt and capital solutions. The firm operates through three business segments: Global Private Equity, Global Credit, and Global Investment Solutions.

Carlyle employs over 2,200 people across 29 offices worldwide. More information about Carlyle can be found on their website or social media platforms.

Contact for further details:

Andrew Kenny

andrew.kenny@carlyle.com

+44 7816 176120

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