KKR to acquire UK’s Dawsongroup, driving growth and fleet decarbonisation

KKR, the global investment firm, has entered a binding agreement to acquire Dawsongroup, a leading UK-based asset leasing company, as part of its Global Climate strategy.

The acquisition aligns with KKR’s commitment to net-zero solutions. Dawsongroup already incorporates energy-efficient technologies, including electric vehicles, solar power, and battery storage. Under KKR’s ownership, the company will expand its sustainability initiatives while introducing an employee ownership programme, offering staff a direct stake in its success.

Dawsongroup has been family-owned for over 90 years, growing into a sector leader under the Dawson family. KKR’s expertise in climate-focused infrastructure investments will help the company scale operations and strengthen its international presence.

KKR has a strong track record in sustainability investments, having deployed over $5bn in projects like Smart Metering Systems and Zenobē. The firm has invested more than $24bn in the UK over the past two decades, reinforcing its commitment to fostering long-term growth and innovation in the region.

Headquartered in Milton Keynes, Dawsongroup operates in 11 countries and employs over 1,150 people. The company provides leasing solutions for vehicles, refrigerated boxes, and other business-critical assets, integrating customisation, maintenance, and repair services. In 2023, Dawsongroup achieved record performance with EBITDA of approximately £250m, highlighting its growth trajectory.

The transaction is subject to regulatory approvals and represents a significant milestone for both Dawsongroup and KKR as they collaborate to drive the future of sustainable asset leasing.

Source: Business Wire

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