Basalt Infrastructure Partners LLC announced that funds advised by Basalt have acquired Go Lime Inc. and substantially all the assets of the Crown Crest Group of Companies ("Simply Green").

This transaction marks Basalt’s first investment in Canada, creating the fourth-largest rental provider of home services equipment in the country with a combined portfolio of approximately 90,000 leases.

Go Lime is a leading home equipment lessor to residential customers in Ontario, Canada, offering water heaters, HVAC systems, water treatment systems, and other rental solutions under long-term contracts

The Crown Crest Group of Companies (Simply Green) is a Canadian home equipment lease portfolio, offering a similar suite of products and services to residential customers under long-term contracts

In November 2023, Simply Green was placed under court-appointed receivership pursuant to Canada’s Companies’ Creditors Arrangement Act (CCAA), which posed an opportunity for the acquisition of the portfolio of home equipment rental assets

Basalt Infrastructure Partners LLP (Basalt) is a leading transatlantic mid-market infrastructure investment firm with US$8 billion AUM.