Global investment firm KKR will be acquiring Dawsongroup, a UK-based asset leasing business. The acquisition is part of KKR’s Global Climate strategy, which focuses on reducing emissions and transitioning higher-emitting assets to more sustainable operations.
Founded in 1935 and headquartered in Milton Keynes, Dawsongroup operates across 11 countries and employs over 1,150 staff. The company provides a range of leasing solutions, including vehicles and refrigerated boxes, and supports clients in transitioning to low-carbon operations through its Smarter Asset Strategy.
In 2024, Dawsongroup achieved Group EBITDA of approximately £250 million, reflecting its growth in asset leasing and sustainability initiatives.
The acquisition will enable Dawsongroup to expand its energy-efficient offerings, such as electric vehicles (EVs), solar energy, and battery storage. The company plans to introduce an employee ownership programme to allow its workforce to share in the company’s future development.
Stephen Miller, CEO of Dawsongroup said, “KKR’s support will allow us to expand our operations and contribute to the transition to net-zero emissions.”
KKR has been active in infrastructure investments for over 15 years, deploying significant funds in renewable energy and climate-related initiatives. Previous investments include Zenobē, a company specialising in transport electrification and battery storage.
Vincent Policard, Co-Head of European Infrastructure at KKR said, “We aim to help Dawsongroup further its efforts in decarbonisation and sustainable leasing solutions.”
The transaction is subject to regulatory approvals, with completion expected in the near future.
