LONDON, UK: Pantheon Infrastructure Plc has agreed to invest €43 million in a European transport and logistics agency through Pomodoro Holdings Limited, an organization managed by funds managed by associates of Apollo Global Management Inc.
Apollo is a quantity one global alternative funding agency with a profitable track record within the transport and logistics sector. This is PINT’s first funding because it launched on the London Stock Exchange following a profitable and considerably over-subscribed £400m preliminary public fairness providing in November 2021.
The investee agency is a specialist market chief in chilly chain warehousing, transport and supply-chain administration that gives important export and import operations of fruits and vegetables. The agency has a pan-European presence and advantages from a variety of strategic partnerships and established, long-term client relationships throughout the continent. Importantly, it additionally has a devoted Research and Development and ESG team focused on a quantity of sustainability initiatives, together with working towards a 2030 net zero emissions strategy.
The funding is in line with PINT’s stated technique of constructing a diversified portfolio of global infrastructure assets. Specifically, the funding is in an evolving segment of the transport and logistics sector that’s becoming more and more attractive given the fragmented market, resilience of money flows and alternatives for worth creation.
Richard Sem, Partner at Pantheon, PINT’s funding manager, commented: “We are happy to announce the signing of PINT’s maiden investment. We believe that’s a extremely accretive growth alternative and we’re particularly happy to have partnered with such a good sponsor in Apollo and with the extremely skilled agency administration team.”
Vagn Sørensen, Chairman of the Company, commented: “We’re delighted to announce PINT’s first investment, which will support our goal to present attractive risk-adjusted returns through investments in high-quality infrastructure assets primarily located in developed markets.”
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