Private equity firm EQT X has agreed to acquire a majority stake in McGill and Partners from Warburg Pincus for about $2 billion, with Warburg Pincus selling entirely and management reinvesting while Steve McGill remains CEO and John Lloyd stays involved. The London-based broker, employing 600+ staff across seven countries and generating over $250 million in revenue, will use the deal to accelerate global expansion, invest in technology and data, and offer an equity participation plan to staff as part of its growth strategy.

Business· Sep 4, 2026

Facts from Wikidata (CC0). Image by km30192002 via Wikimedia Commons (CC BY 2.0).

McGill's Bus Services

Bus operator based in Scotland

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McGill's Bus Services· Business · 15 sources · Sep 4, 2026Story

EQT agrees $2 billion McGill majority stake deal

Business· Sep 4, 2026

Facts from Wikidata (CC0). Image by km30192002 via Wikimedia Commons (CC BY 2.0).

McGill's Bus Services across IJR

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About McGill's Bus Services

McGill's Bus Services is a bus operator based in Greenock, Scotland. The company has grown to operate a network of routes covering much of the council areas of Inverclyde, East Renfrewshire, Renfrewshire, North Lanarkshire, Glasgow City, North Ayrshire, West Lothian, Falkirk and Dundee City. McGill's have several depots based in Greenock, Inchinnan, Johnstone, Edinburgh, Bannockburn, Balfron, Larbert, Livingston and Dundee. McGill's also formerly had depots in Dumbarton, Barrhead and Coatbridge.

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Country: United Kingdom
Headquarters: Greenock
Inception: 2001
Website: http://www.mcgillsbuses.co.uk/Default.aspx

Coverage spread L29 / C57 / R14

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McGill's Bus Services across IJR

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