Dalmore among bidders for Cinven-owned UK supplier JLA Group

· Finance · United Kingdom

Dalmore Capital is among parties that have expressed interest in acquiring JLA Group, a UK commercial equipment supplier and services provider, from buyout firm Cinven, according to people with knowledge of the matter. The potential sale would mark another turn in private-equity ownership for a UK industrial-services business that supplies commercial laundry and catering equipment. Neither the price nor the timetable has been disclosed, and talks remain at an early stage. The interest from infrastructure-focused Dalmore signals continued appetite for asset-heavy UK service businesses despite a sluggish dealmaking environment.

Why it matters:Private-equity exits and infrastructure-style buyers are a key gauge of dealmaking appetite in the UK, where higher financing costs have slowed transactions.

Key points

  • JLA Group supplies commercial equipment and services in the UK.
  • Cinven is the current owner.
  • Dalmore is among the interested parties.

Sources (original reporting)

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