EXPONENT Private Equity has completed its acquisition of Manchester tool hire business HSS Hire Services.The London-based investor has bought the Trafford Park-headquartered business from the asset management funds Och-Ziff and Perry Capital.The value of the deal was not disclosed.

Chaired by Archie Norman, HSS has a nationwide network of 230 distribution centres and 2,000 employees. It delivered sales of £180.3m last year, up 5% from the previous year, with profits of £39.9m.Chris Davies, chief executive at HSS......for the full story register now for free or login below...