I Squared Capital definition
Examples of I Squared Capital in a sentence
I Squared Capital and TDR Capital believe that they are well positioned to accelerate Aggreko’s development at this critical juncture and secure a successful long-term future for the company, underpinned by a long-term investment focus and the synergistic expertise between both parties in the power infrastructure and equipment rental sectors.
I Squared Capital and TDR Capital are supportive of the broader strategy and growth initiatives articulated by Aggreko’s management in their strategic update on 17 November 2020, driven by a repositioning of Aggreko’s fleet mix.
Bidco believes that I Squared Capital and TDR Capital’s expertise in the power infrastructure and equipment rental sectors make them ideally placed to support Aggreko to capitalise on the growth and investment opportunities created by this transition under private ownership.
The Companies are indirectly wholly-owned subsidiary of I Squared Capital Advisors, LLC (“ISQ”).
I Squared Capital and TDR Capital have a proven track record and deep expertise in investing in power and energy transition infrastructure and equipment rental businesses which generate stable cash flows in attractive markets supported by growing demand.
I Squared Capital and TDR Capital believe that Aggreko is a business that fits this investment focus well and has the potential to enable the energy transition through clean technology investment, as the world focuses increasingly on energy efficiency and sustainability and requires flexible solutions.
Consistent with belying any reliance upon our communications by ▇▇▇▇▇▇, on July 29, 2020 ▇▇▇▇▇ ▇▇▇▇▇▇ of Seller wrote to Buyer “We have completed all of our contracts in order for us to move forward with the I Squared Capital construction loan.
In addition, I Squared Capital and TDR Capital believe that the realignment of the business will be better achieved in the private domain rather than under the scrutiny of public markets and the requirement for periodic reporting.
I Squared Capital and TDR Capital are excited by the opportunities brought about by such a new environment and have the appropriate resources to support the business’ growth over the next decade and beyond.