M&A Deal Summary

REIC Acquires Midway Rental and Power Equipment

On January 9, 2015, REIC acquired retailer Midway Rental and Power Equipment

Acquisition Highlights
  • This is REIC’s 1st transaction in the Retail sector.
  • This is REIC’s 1st transaction in the United States.
  • This is REIC’s 1st transaction in Montana.

M&A Deal Summary
Date 2015-01-09
Target Midway Rental and Power Equipment
Sector Retail
Buyer(s) REIC
Deal Type Add-on Acquisition

Target

Midway Rental and Power Equipment

Kalispell, Montana, United States
website
Midway Rental and Power Equipment, Inc. rents industrial and construction equipment, including lifts, generators, excavators, tractors, and other items, to industrial customers (railroads, sawmills, oilfields, and agriculture-related businesses), general contractors and resorts.

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Buyer(S) 1

Buyer

REIC

Kalispell, Montana, United States

website

Category Company
Founded 2014
Sector Business Services
DESCRIPTION

REIC is an equipment rental company that provides construction and industrial equipment for rent, as well as used equipment for sale. The Company operates equipment rental stores throughout the Mountain West region of the United States. REIC was founded in 2014 and is based in Kalispell, Montana.

DEAL STATS #
Overall 1 of 9
Sector (Retail) 1 of 4
Type (Add-on Acquisition) 1 of 9
State (Montana) 1 of 1
Country (United States) 1 of 8
Year (2015) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-29 Reliable Equipment Rental

Wheatland, Wyoming, United States

Reliable Equipment Rental, Inc. is an equipment rental company based in Wheatland, Wyoming.

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