Full service law firm Hill Dickinson has advised YFM Equity Partners (YFM) on a substantial investment into Think Hire, a relocatable renewable power business.
The investment will enable further growth and innovation at the company, which currently employs 20 people in the Manchester-headquartered business, with plans to grow nationally.
Hill Dickinson provided legal advice to YFM, led by corporate partners David Mkhitarian and Sean Lightfoot of the firm’s Manchester office, with assistance from banking partner Alasdair McKinnon and corporate associate James McCarthy.
David Mkhitarian said: “We were pleased to advise YFM on making this investment. It comes at a time when the UK infrastructure industry is redoubling its efforts to meet net zero goals and recognises that investing in innovative and environmentally considerate power and site equipment solutions can help it to achieve that. We wish both parties every success in taking the business forward.”
Think Hire was established in 2018 with a focus on providing hybrid power generation solutions to the UK’s infrastructure industry, enabling it to fulfil its role in reducing the country’s CO2 emissions.
YFM’s investment will enable the business to undertake the next stage of its development by significantly growing its asset hire fleet, extending its distribution network across the UK, and increasing investment in new product development and services to help clients operate their sites more sustainably.
