



Byrne Investment Limited
VCBank concluded the final exit from its investment in Byrne Investment Limited (BIL) during FY 2018, with full realisation of full exit proceeds and delayed payments, providing investors with a return of 35 per cent. BIL is one of the largest and most diversified equipment rental and modular space providers in the GCC. It operates through its well-established brands – Byrne Equipment Rental and Spacemaker – across the UAE, Saudi Arabia and Oman. The Company’s ancillary services include logistics, transportation, cranage and sewage removal.
- Asset Class:
- Private Equity
- Industry:
- Equipment Rental
- Country:
- UAE
- Year:
- 2013
- Project Status:
- Exited in 2018