Souter Investments
is one of the UK’s leading family investment offices specialising in private equity



Vintage: August 2015

Sector: Industrials

Location: Enfield, Middlesex

Type: MBI

Souter Role: Co-investor, Minority Stake

Souter Director: No

Status: Current

Ardent Hire Solutions is the new company formed to acquire two family-owned businesses, Fork Rent Limited and One Call Hire Limited. The new group is now one of the largest providers of rental equipment to the UK construction industry.

One Call was one of the UK’s leading suppliers of excavators to the equipment rental market, whilst Fork Rent was the market leader for the provision of telehandlers – in addition to these two core products the combined Ardent business also provides dumpers, heavy rollers, forklifts, access platforms and mini-excavators.

With one of the youngest fleets in the market and a reputation for leading service provision, Ardent Hire Solutions is well placed to grow from the expected growth in the housebuilding and infrastructure markets.

Souter Investments formed part of investment syndicate, led by Duke Street. 


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