Cadwalader Advises on Financing for IFM Investors' Acquisition of Briggs Equipment UK Limited

May 05, 2026

Cadwalader has advised a fund managed by IFM Investors in respect of the financing for its acquisition of Briggs Equipment UK Limited from Sammons Enterprises Inc.

The transaction is expected to close in Q2 of 2026. Briggs is a leading UK- and Ireland‑based provider of materials handling (“MHE”) and specialist rental equipment, focusing on the leasing, maintenance, repair and fleet management of mission‑critical assets including forklifts, loaders and tow tugs. The business serves customers across a diversified range of infrastructure and adjacent sectors and benefits from contracted revenues, long-standing customer relationships, a diversified blue-chip client base and a high-quality installed fleet.

The Cadwalader team was led by partner Rebecca Crowley, with support from associates Sainaya Ahluwalia and Pav Jovic. Additonal support was provided by Tax partner Adam Blakemore and associate Zoha Shafi.