Deal typeTransaction Services
IndustryManufacturing
Sub-industryTransport & Logistics
BDO provided financial due diligence and tax advisory services to the management of CRS on their reinvestment post-sale to Coolworld.
CRS is a provider of modular refrigeration and temperature control solutions into the Irish, UK and European markets. Founded in 1992 by Paul Tyrrell and currently led by his sons John Tyrrell (Managing Director) and Patrick Tyrrell (Sales & Technical Director), the business specialises in modular temperature-controlled storage solutions predominantly for food and pharmaceutical customers. Renatus partnered with CRS in August 2020 and this transaction marks their subsequent exit from CRS.
Backed by Arcus Infrastructure Partners, Coolworld is an essential infrastructure partner to companies across the cold chain. Coolworld is currently active in six Northwest European countries, providing mission-critical, value-added rental solutions of temperature control assets from a network of six sites.
The team advising on the deal was led by Maurice Kennedy.
CRS is a provider of modular refrigeration and temperature control solutions into the Irish, UK and European markets. Founded in 1992 by Paul Tyrrell and currently led by his sons John Tyrrell (Managing Director) and Patrick Tyrrell (Sales & Technical Director), the business specialises in modular temperature-controlled storage solutions predominantly for food and pharmaceutical customers. Renatus partnered with CRS in August 2020 and this transaction marks their subsequent exit from CRS.
Backed by Arcus Infrastructure Partners, Coolworld is an essential infrastructure partner to companies across the cold chain. Coolworld is currently active in six Northwest European countries, providing mission-critical, value-added rental solutions of temperature control assets from a network of six sites.
The team advising on the deal was led by Maurice Kennedy.