I Squared Capital to sell minority stake in TIP Group to IMCO and GCM Grosvenor
On July 14, 2026, I Squared Capital ("I Squared") announced it entered into a definitive agreement to sell a 25% minority interest in TIP Group ("TIP") to Investment Management Corporation of Ontario (“IMCO”) and GCM Grosvenor Inc. (“GCM Grosvenor”). The financial terms of the transaction were not disclosed.
The transaction is expected to close in the first quarter of 2027, subject to closing conditions and regulatory approvals.
Further information can be found on Business Wire’s website.
I Squared Capital is a leading independent global infrastructure investor dedicated to the mid-market, managing over $60 billion in assets.
TIP Group is one of Europe’s market leaders providing lease & rental full-service equipment solutions for over 55 years. TIP Group, headquartered in Amsterdam, has an extensive fleet of trailers, trucks, reefers, chassis, and specialized equipment.
IMCO manages C$90.7 billion of assets on behalf of its clients. Designed exclusively to drive better investment outcomes for Ontario's broader public sector, it operates under an independent, not-for-profit, cost recovery structure. It provides leading investment management services, including portfolio construction advice, better access to a diverse range of asset classes and sophisticated risk management capabilities.
GCM Grosvenor is a global alternative asset management solutions provider with approximately $91 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies.