Slaughter and May advised Shepherd Building Group on the sale of Portakabin to Antin Infrastructure Partners

Slaughter and May advised Shepherd Building Group (“SBG”) on the sale of Portakabin, a market leader in the design and provision of modular building infrastructure, to Antin Infrastructure Partners, a leading infrastructure-focused private equity firm listed on Euronext Paris.

Portakabin owns a fleet of over 100,000 modular units, which it leases to over 4,000 customers across the UK and key regions in Europe.  As an experienced infrastructure investor, Antin will support the next stage of growth for Portakabin to deliver high quality, customised, modular and circular solutions to essential end markets.  This is the fourth investment of Antin’s Flagship Fund V.

Founded in 1961 and headquartered in York, UK, Portakabin has established itself as a pioneer and leader in the modular building infrastructure sector serving a broad spectrum of essential end markets including the education, healthcare, public infrastructure, commercial and industrial sectors. It is a highly trusted and iconic brand, known for its premium offering.  It is committed to sustainability and uses a lean manufacturing process by constructing its building modules off site, which results in 90% less vehicle movements and up to 90% less waste.

Slaughter and May worked closely with SBG’s executive and legal teams, led respectively by Dan Ibbetson (Chief Executive Officer) and Simon Thomson (General Counsel and Company Secretary).