UK Storage has been acquired by Davidson Kempner and Pithos Capital

June 2023 — The shareholders of UK Storage Company Ltd. have sold the company to an investor syndicate consisting of funds managed by Davidson Kempner Capital Management LP and Pithos Capital Holding, a European self-storage operator.

UK Storage is a company offering self-storage for businesses, households and students. The business has 30 sites across the UK (majority leasehold properties but looking to obtain options to buy on several sites) and operates a staffless model to maintain low overheads. With CCTV throughout and keycode entry to their sites, they offer safe, secure storage with occupancy levels in excess of 85%. The company also provides archive document storage.

Davidson Kempner Capital Management LP is a US private equity firm and Pithos Capital Holding is a family office focused on European self-storage opportunities.

Our role in the transaction

Oaklins Cavendish, based in the UK, advised on the sale of UK Storage Company to an investor syndicate consisting of funds managed by Davidson Kempner Capital Management and Pithos Capital, a European self-storage operator.

Service

M&A sell-side

Parties

“We are delighted to have found a perfect match to drive the growth of the company we founded in 2005. After a rigorous sale process, we have no doubt that Davidson Kempner and Pithos Capital will continue to develop the company as the UK’s largest independent self-storage provider, and we look forward to following its progress. The Oaklins Cavendish team did a fantastic job, running a truly competitive process and managing the transaction with great skill. They were instrumental in delivering this deal and the successful outcome.”

Keith Taylor and Cathy Taylor

Co-founders, UK Storage Company Ltd.

Talk to the deal team

Peter Gray

Partner

London, United Kingdom
Oaklins Cavendish

View profile Get in touch

Paris McNicol-Outch

Director

London, United Kingdom
Oaklins Cavendish

View profile Get in touch

Related deals

Nymann Kloak- & Miljøservice has been acquired by Serwent Group

Private Equity | Business Support Services

Nymann Kloak- & Miljøservice has been acquired by Serwent Group

Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.

Learn more

Life & Mobility has attracted investor Bolster Investment Partners

Private Equity | Healthcare

Life & Mobility has attracted investor Bolster Investment Partners

Life & Mobility, a leading developer and manufacturer of premium mobility and rehabilitation solutions, has welcomed Bolster Investment Partners as a new shareholder. The partnership provides Life & Mobility with a strong long-term partner to support the company’s next phase of growth, with a continued focus on product innovation, strengthening its leading market position and further international expansion. The company’s mission remains to enhance the mobility, independence and quality of life of end users through innovative, sustainable and circular mobility solutions designed for multiple life cycles.

Learn more

DIGMATIX has entered the Czech market through the acquisition of LLP CRM

Private Equity | Business Support Services | TMT

DIGMATIX has entered the Czech market through the acquisition of LLP CRM

DIGMATIX has acquired LLP CRM, a Czech Microsoft Dynamics 365 Customer Engagement specialist. The acquisition marks DIGMATIX’s entry into the Czech market and strengthens the group’s capabilities in customer relationship management (CRM), sales automation, customer service and AI-powered business solutions.

Learn more