Carlyle’s global credit platform has provided a financing package of over $400m to support the growth of Big Bus Tours, a global provider of hop-on hop-off sightseeing bus tours and portfolio company of private equity firm Exponent.
Big Bus Tours is the world’s largest operators of open-top sightseeing bus tours with operations across Europe, North America, the Middle East and Asia Pacific serving more than five million customer annually. The Company has expanded to more than 20 world famous city destinations where it provides a sightseeing experience which has become a key part of any traveler’s repertoire when discovering a new city.
In 2023, the Company partnered with Equipmake, the engineering specialist, to convert a portion of its existing fleet from diesel to fully electric, demonstrating its continued commitment to sustainable tourism.
Carlyle Global Credit manages $186 billion in assets under management, as of 31 March, 2024. It regularly pursues investments in privately negotiated debt and capital solutions partnering with high-quality sponsors and leading family or entrepreneur-owned companies.
Read more:Private Equity Wire
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