Grant Thornton’s advisory team in the Midlands has advised the shareholders of UK trailer leasing company Grayrentals on its sale to Hong Kong International Aviation Leasing Company.
The deal team, comprising corporate finance and tax experts, worked with Grayrentals’ shareholders to provide complex transaction advice, ensuring the transaction was delivered with minimal risk in a tax efficient manner.
Grayrentals provides trailer leasing, rental, maintenance and other solutions to transportation and logistics customers in the UK. The company owns and manages in the region of 3,000 units.
Grant Thornton’s transaction team on the deal were Maria O’Donnell, associate director and Peter Evans, assistant manager from the Midlands advisory team and partner Dan Hartland from the entrepreneur & private client team in Birmingham.
Ms O’Donnell said: “Our extensive experience, expertise and capabilities in managing cross-border deals has once again been proven, as the team has supported the shareholders to successfully navigate the intricacies of this international transaction.”