3i Is Said to Seek Pitches for Sale of Airport Services Firm TCR

3i Infrastructure Plc has asked for bank pitches as it prepares for a sale of airport ground support equipment company TCR, according to people familiar with the matter.

The investment firm interviewed banks in recent days as it seeks to pick a sellside adviser, said the people, who asked not to be identified as the information is private.

Brussels-based TCR is the largest independent lessor of airport ground support equipment, operating at more than 230 airports across more than 20 countries, 3i’s websiteshows. The investment firm valued its controlling stake in the business at £639 million ($861 million) at ...