Carson McDowell has acted as lead legal advisers to the shareholders of Lowe Rental in relation to “one of the largest ever private equity deals in Northern Ireland”.

The firm advised on the multi-million investment by investment fund Perwyn and the exit of former investor MML Growth Capital.

Neasa Quigley, joint head of corporate practice at Carson McDowell, said it was “delighted to have advised the shareholders of Lowe Rental on this major investment in their business”.

Ms Quigley continued: “This transaction is one of the largest ever private equity deals in Northern Ireland and provides further evidence that there continues to be significant interest from international investors in high quality Northern Ireland businesses – particularly those operating in global markets.

“The strength of Lowe Rental’s growing business in numerous overseas markets has attracted considerable interest from private equity investors for some time. We wish the company well as it continues to grow in future.”

Rodney Lowry, CEO of Lowe Rental, added: “We have been working with Neasa and the Carson McDowell team for a number of years.

“They advised us when MML made their investment a few years ago and we knew they were the right team to support us through this latest transaction. The commitment and focus shown by the Carson McDowell team through this deal and especially in closing has been truly remarkable and when added with a real sense of personable understanding makes it even enjoyable.”