Infrastructure
| Sector | Infrastructre |
| Sub-sector | Leasing |
| Location | United Kingdom |
Modular infrastructure involves pre-fabricating components of construction in an off-site factory and assembling these parts into fully formed building elements on-site. This parallel workflow is markedly faster than traditional methods,2 forecast to bring forward notable construction-cost savings over time.3 Equally, the rise of modular solutions can support sustainability as builders are increasingly integrating energy efficient materials, while factory construction in controlled environments can reduce production waste. The portability of modular units allows them to be reused or repurposed rather than newly built.1
The mounting engagement in modular solutions has resulted in the rising demand for the construction method across several sectors, including healthcare, education and multi-family homes. This has been reflected in the growing global investment in modular solutions; reported at $US94.84 billion in 2025 and is projected to grow to $US175.64 billion by 2034.4
Premier Modular is a leading provider of highly customisable leased and permanent modular solutions in the UK, operating a fleet of around 3,500 modular units. Boasting a 70-year history, the modular construction provider offers flexible, high quality and bespoke multi-unit space solutions. These offerings can adhere to permanent building standards, and service the healthcare, education, public infrastructure and social housing sectors.5
Cabot is a provider of investment capital, partnering with small to mid-sized companies across the UK and Western Europe. With 20 years of investment experience, Cabot pairs long-term capital with close working relationships to set their portfolio companies up for success.6
The team leveraged its strong capabilities in the asset leasing sector and deep knowledge of the modular solutions and core-plus infrastructure markets to support Cabot throughout this transaction – core-plus infrastructure comprising of businesses with distinct and resilient infrastructure-like characteristics, but with added elements that increase operational complexity and growth potential.
Cabot’s success was bolstered throughout all stages of the transaction by Macquarie Capital’s targeted core-plus expertise, from business plan development and data preparation through to execution management. Utilising a global network of core-plus infrastructure and private equity funds, the team helped maintain bidder interest in Premier Modular amidst changing bidder dynamics and macroeconomic headwinds.
Macquarie Capital helped ensure that the acquisition process addressed investors' strong appetite for granular data and supported the proposed investment thesis, business model and equity story. The team bridged the gap between how bidders think about the asset and how the management runs the company, developing a bespoke analysis from available data and KPIs.
Outcome
MML Capital Partners brings relevant sectoral knowledge and experience in managing assets with infrastructure characteristics, making them an ideal candidate to help bring forward Premier Modular’s success in its next phase of growth.
Pairing Premier Modular with supportive capital and a sector-aligned partner, this transaction has positioned the modular infrastructure provider for enhanced growth as it amplifies the evolution of modular construction.
of providing modular construction solutions
operating modular units
end markets served
1. ‘Modular Construction: Transforming the construction industry’, Societe Generale, 14 October 2025, https://wholesale.banking.societegenerale.com/
2. ‘Putting the pieces together: Unlocking success in modular construction’, McKensey & Company, 21 August 2025, https://www.mckinsey.com/
3. ‘Modular Construction: A Comprehensive Review’, MDPI, 12 June 2025, https://www.mdpi.com/
4. ‘Construction & Engineering – Modular Construction Market’, Fortune Business Insights, 19 January 2026, https://www.fortunebusinessinsights.com/
5. Premier Modular, https://www.premiermodular.co.uk/ (Accessed 6 January 2026)
6. Cabot Square Capital, https://www.cabotsquare.com/ (Accessed 6 January 2026)
