KKR has entered into an agreement to acquire Dawsongroup, a prominent independent asset leasing business based in the UK. The acquisition aligns with KKR's Global Climate strategy, aiming to scale net-zero solutions and support the decarbonization of high-emission assets. Under the new ownership, Dawsongroup will accelerate its ambitious growth and sustainability goals while continuing its commitment to supporting over 1,150 employees across 11 countries.

Dawsongroup, founded in 1935, has become a sector leader in asset leasing, specializing in vehicles and refrigerated solutions, and supporting businesses with its Smarter Asset Strategy. The company reported a record EBITDA of approximately £250 million last year and aims to expand its international reach and capabilities under KKR’s ownership. The partnership will also implement an employee ownership program to allow staff to benefit directly from the company’s success.

KKR, leveraging its expertise in renewable energy and sustainability, plans to help Dawsongroup transition to cleaner energy solutions and expand its market presence globally. The acquisition is subject to regulatory approval.