M&A Deal Summary

Cooper Equipment Rentals Acquires Modern Industrial Rentals

On January 17, 2018, Cooper Equipment Rentals acquired machinery company Modern Industrial Rentals

Acquisition Highlights
  • This is Cooper Equipment Rentals’ 2nd transaction in the Machinery sector.
  • This is Cooper Equipment Rentals’ 5th transaction in Canada.
  • This is Cooper Equipment Rentals’ 2nd transaction in Alberta.

M&A Deal Summary
Date 2018-01-17
Target Modern Industrial Rentals
Sector Machinery
Buyer(s) Cooper Equipment Rentals
Deal Type Add-on Acquisition

Target

Modern Industrial Rentals

Calgary, Alberta, Canada
Modern Industrial Rentals (1978) Ltd. is a construction and industrial equipment rental company that services Southern Alberta from its branches in Calgary and Medicine Hat. Modern Rentals offers quality, late model equipment that is supported by a highly experienced team of rental professionals. Modern Industrial Rentals (1978) Ltd. was founded in 1978 and is based in Calgary, Alberta.

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Buyer(S) 1

Buyer

Cooper Equipment Rentals

Mississauga, Ontario, Canada

website

Category Company
Founded 1972
Sector Machinery
DESCRIPTION

Cooper Equipment Rentals is a full-service construction equipment rental company servicing contractors in the Greater Toronto Area (GTA) with five offices and over eighty employees. Cooper Equipment Rentals was founded in 1972 and is based in Mississauga, Ontario.

DEAL STATS #
Overall 5 of 11
Sector (Machinery) 2 of 2
Type (Add-on Acquisition) 5 of 10
State (Alberta) 2 of 4
Country (Canada) 5 of 10
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-10 Alberta Lift and Equipment Rentals

Calgary, Alberta, Canada

Alberta Lift and Equipment Rentals, Inc. is an equipment rental company focused on aerial equipment. Alberta Lift and Equipment Rentals, Inc. was established in 2012 and is headquartered in Calgary, Alberta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-17 Herc Holdings - Atlantic Canada Assets

Bonita Springs, Florida, United States

Herc Holdings Inc. - Atlantic Canada Assets include two full-service branches located in Dartmouth, NS and Saint John, NB. Herc Atlantic has developed a strong presence in the Maritimes, with a dedicated and professional team of employees and a solid core of customers.

Buy -
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