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10/2026Carve-outLBO

ARRI Rental acquired by H2 Equity Partners

GERMANY Industrial Services / Equipment Rental REV 1m EUR - 100m EUR

Context

H2 Equity Partners signed a binding agreement in October 2026 to carve ARRI Rental out of ARRI Cine Technik, its German parent, investing alongside the management team led by chief executive Dana Harrison. H2EP Fund VI took full ownership, and the business was to operate independently after completion, which remained subject to customary conditions. Barings provided the acquisition financing. Founded in 1955, ARRI Rental hires out the equipment used to shoot films and television. Its inventory covers cameras, lenses, lighting and grip gear, the rigs and mounts that position and move a camera on set, supplied for the duration of a production together with the technical support that goes with it. Its customers are the production companies and cinematographers behind feature films, high-end television, commercials and live events, served from bases across the United Kingdom, continental Europe and North America. The business depends on the quality of its inventory and on relationships built with directors of photography, who specify the equipment they want for a given production. The carve-out separated the rental business from the manufacturer that had owned it. ARRI Cine Technik designs and builds cameras and lighting systems, a different business with its own capital requirements, and the two had limited operational overlap: a rental house buys equipment from several manufacturers and competes on service and availability rather than on the hardware it sells. H2 Equity Partners specialises in corporate carve-outs, taking businesses that their owners consider non-core and establishing them as standalone companies. ARRI Rental was its eleventh investment from Fund VI and its fourth new platform of 2026. Dana Harrison continued to lead the company alongside the firm.

ARRI Rental, which reported an EBITDA margin of [members only] in 2026, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the Business Services sector (11.5x in 2026).

-> Deep-dive in Business Services market trends

Ent. Value

[members only]

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2026
€1–100M
[members only]
[members only]
2025
€1–100M
[members only]
[members only]

Other operations with H2 Equity Partners

Other operations with H2 Equity Partners
DateAcquirerTargetCountrySector
07/2026H2 EQUITY PARTNERSLYNCH MEDICAL SUPPLIESIRELANDHospitality Supplies
11/2021H2 EQUITY PARTNERSACAL BFI GROUPUNITED KINGDOMElectronic Components

Similar deals in Industrial Services

Similar deals in Industrial Services
DateAcquirerTargetCountrySector
10/2026LOXAMVYCASSPAINEquipment Rental
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10/2026LGT CAPITAL PARTNERS / EMK CAPITAL / EQT PARTNERSVDK GROEPNETHERLANDSMulti-technical Installation
09/2026PEUGEOT INVESTMÉRIEUX NUTRISCIENCESUNITED STATESTIC (Testing, Inspection, Certification)
09/2026ODYSSEY INVESTMENT PARTNERSFALCON GASESUNITED STATESIndustrial & Technical Distribution
09/2026CVCRIDGEUNITED KINGDOMEngineering & Consulting
09/2026HIG CAPITALARCOUNITED KINGDOMIndustrial & Technical Distribution
09/2026MML CAPITALDALCOUR MACLARENUNITED KINGDOMEngineering & Consulting
09/2026REXELGCGUNITED STATESIndustrial & Technical Distribution
09/2026SIPAREXKOALYSFRANCETIC (Testing, Inspection, Certification)

REFERENCES

Revenue range: REV 1m EUR - 100m EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ARRI Rental by H2 Equity Partners are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: arri rental

Acquirer: h2 equity partners

FAQ

What transaction does this page cover?

This page covers the acquisition of ARRI Rental, a German company specialised in Equipment Rental, by H2 Equity Partners in 2026, in a carve-out transaction (structured as a leveraged buyout (LBO)).

How does the valuation of ARRI Rental compare to benchmarks in the Business Services sector?

Transaction multiples for this specific deal are exclusively reserved for mynth members. Nevertheless, transactions tracked by mynth in this sector reveal an average benchmark multiple of 11.5x EBITDA during 2026.

What sources support the information on this transaction?

The details of this transaction are sourced directly from the official corporate announcement published on the parties’ institutional website, ensuring primary-source verification of the closing and perimeter.

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