Among three Northern Irish businesses recognised for outstanding growth
We are delighted to announce that our portfolio company Lowe Rental, a global leader in the rental of refrigeration units, temporary kitchens and catering equipment, has been awarded the British Private Equity and Venture Capital Association (BVCA) Vision 2025 Award for International Expansion in Northern Ireland.
The BVCA Vision Awards celebrate the achievements of private equity and venture capital-backed businesses across the UK, recognising both companies and their investors. Lowe Rental was specifically praised for its strategic acceleration of capital investment during the COVID-19 pandemic, a move that has been pivotal to the company’s recent global growth.
In 2018, we invested significantly to become the majority shareholder in the Group. Since then, we have continued to invest substantially each year to grow and diversify the business, supporting international expansion, entry into new end markets, and enhancing its product offering through targeted M&A. This includes the acquisition of PKL, a UK-based world leading supplier of temporary kitchens and catering equipment, adding a wealth of expertise to Lowe’s catering capabilities.
Founded in 1977, Lowe has become the global market leader in its market, supplying to a diversified blue chip customer base across multiple markets, primarily in major events, exhibitions and retail. The company is headquartered in Northern Ireland and operates across North America, Asia, the Middle East, and Europe.
Rachel McCausland, CEO, Lowe Rental Corporation said:
“We are honoured to be recognised as the winner of the BVCA Vision 2025 award in the International Expansion category. This award is testament to the dedication and vision of our entire team, whose hard work drives our success. Our rapid worldwide deployment capabilities and innovative technology allow us to meet diverse client needs at scale. By delivering tailored services – from ESG-aligned equipment to flexible rental solutions for refrigeration, catering, and kitchen infrastructure – we continue to expand with purpose. This recognition reflects our commitment to ambitious, responsible global growth.”
Mark Blower, Partner at Perwyn, added:
““We are very proud of Lowe Rental’s impressive achievement in winning this award. It highlights the company’s standing as a critical provider of commercial refrigeration, kitchen infrastructure and catering equipment with 12 distribution hubs on three continents.
“The award also validates Perwyn’s investment in the company, made in 2018. Since then, we have supported Lowe by providing hands-on engagement, and we are delighted to have worked so successfully alongside the talented management team to guide the company towards attracting customers such as M&S, Target, Neom and The Abu Dhabi Grand Prix.”
A huge congratulations to the entire Lowe Rental team on this well-deserved recognition.