Global investment firm, Carlyle (NASDAQ: CG), has announced its Global Credit platform’s provision of a comprehensive financing package designed to accelerate the growth of Big Bus Tours, a lead player in the hop-on hop-off sightseeing bus tours sector. Big Bus Tours boasts of being the world’s largest operator in its field, serving over 5 million customers annually across various locations including Europe, North America, Middle East, and Asia Pacific. In light of its recent initiative to convert its fleet to electric in partnership with Equipmake, Big Bus Tours exhibits a strong commitment to sustainable tourism. Big Bus Tours, which has been under the wing of Exponent since 2015, now looks to expand its international presence and diversify into correlated activities with the backing of Carlyle Global Credit, which manages $186 billion in assets. With this strategic financing, Carlyle stamps its reputation for delivering flexible, large-scale capital solutions to robust businesses, reinforcing the synergy between Carlyle and the seasoned management team at Big Bus Tours. CEO Pat Waterman of Big Bus Tours envisions this support as a catalyst for entering a vital growth phase, highlighting the partnership’s significance.

Financial Services – Private Equity, Tourism and Leisure, Transportation, Sustainable Energy,Global, United Kingdom

https://www.carlyle.com/media-room/news-release-archive/carlyle-global-credit-provide-financing-big-bus-tours