Investment date:
1/8/2012
-
State:
Exited
Strategy:
Florac Partners Europe
Country: United States
Belgium
TCR Group is the European leader in the rental and maintenance of ground assistance equipment for airport areas.
In August 2012, Florac acquired a minority stake alongside the Chequers Capital fund and the group's managers with the aim of continuing the strong development of the group in Europe and initiating development in Asia and the United States, in particular through fleet conversion operations.
Florac sold its stake in 2016, as part of the takeover of the group by the 3i Infrastructure and DWS funds.
http://www.tcr-group.com
