Rent-A-Container ("RAC" or the "Company") a portfolio company of Kinderhook Industries, LLC, today announced the acquisition of the rental assets of Containerize Corp. This acquisition strengthens Rent-A-Container’s position in the Southeast by increasing available rental assets so that the company’s Douglas, Georgia branch operation can better serve demand in the growing Florida/Georgia market.
Containerize is RAC’s fifth acquisition in the last 18 months. "Over the past few weeks, we have been working with Containerize to reach an agreement to supplement our increasing demand at our Georgia operation,” said RAC Director of Mergers and Acquisitions Michael Ferrantino. “The purchase of these rental assets is another step forward in our growth strategy in the Southeast, and a good example of a creative deal structure – where we acquired a portion of the overall business in a deal that fit well for both sides,” said Ferrantino.
RAC now operates 12 branches in the USA and has plans to expand further in 2025. RAC’s General Counsel, Chris Orlovsky, served as legal counsel on the transaction.
About Rent-A-Container (Powered by ModuGo)
Headquartered in Ann Arbor, MI, Rent-A-Container manages a fleet of thousands of shipping containers and ground level offices (“GLOs”) that it leases to customers needing portable storage or office space. RAC competes directly with larger portable storage providers, differentiating itself by giving customers the same equipment with fewer hassles and fees. This simple business plan has allowed RAC to grow quickly to become the go-to portable storage provider in the markets it serves. The Rent-A-Container Network includes owned regional brands such as “Rent-A-Container,” “ModuGo,” “A-1 Portable Storage,” “Stuff-It Storage” and “Kelcon.”
To experience the RAC difference, please visit: www.rentacontainer.com
The Rent-A-Container Network is actively looking to grow. If you are interested in selling your business or your fleet of shipping container assets, please contact RAC’s Director of Mergers & Acquisitions Michael Ferrantino at Mike@rentacontainer.com.
About Kinderhook Industries
Founded in 2003, Kinderhook Industries, LLC is a private investment firm that has raised $8.5 billion of committed capital. We have made in excess of 450 investments and follow-on acquisitions since inception. Kinderhook’s investment philosophy is predicated on matching differentiated, growth-oriented investment opportunities with financial expertise and our proprietary network of operating partners. Our focus is on middle market businesses with defensible niche market positioning in the healthcare services, environmental & industrial services, and automotive & light manufacturing sectors.
For more information, please visit https://www.kinderhook.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20241217685939/en/
Contacts
Immediate Contact: Michael Ferrantino – Mike@rentacontainer.com
