The Ontario Teachers' Pension Plan and Kirbi Invest have agreed to invest EUR 500 mln in ISS, a leading global provider of facility services. The current owners, funds advised by EQT Partners and GS Capital Partners funds. are not selling any shares as part of the transaction, and will remain majority owners of ISS.
The Ontario Teachers' Pension Plan and Kirbi Invest have agreed to invest EUR 500 mln in ISS, a leading global provider of facility services. The current owners, funds advised by EQT Partners and GS Capital Partners funds. are not selling any shares as part of the transaction, and will remain majority owners of ISS.
'ISS is a global leader in the worldwide facility services industry. We see excellent opportunities to continue growing revenues as ISS is well placed to capture new customers and to provide integrated solutions to them,' said Jo Taylor, Teachers' Private Capital Vice-President and head of Teachers' London office. 'Management is experienced, with deep industry knowledge and has put the company on the right strategic path. We look forward to helping ISS expand successfully in both developed and emerging markets, and to introduce the executive team to the Teachers' international network.'
