M&A Deal Summary

Modulaire Group Acquires Mobile Mini

On December 13, 2022, Modulaire Group acquired real estate company Mobile Mini from WillScot

Acquisition Highlights
  • This is Modulaire Group’s 5th transaction in the Real Estate sector.
  • This is Modulaire Group’s 4th transaction in the United Kingdom.

M&A Deal Summary

Date 2022-12-13
Target Mobile Mini
Sector Real Estate
Buyer(s) Modulaire Group
Sellers(s) WillScot
Deal Type Divestiture

Target

Mobile Mini

Stockton-on-Tees, United Kingdom
Mobile Mini provides portable storage and accommodation services with a national network of 15 sites with over 40,000 portable units which provide site accommodation and secure storage solutions to approximately 17,300 customers including construction companies, retailers, manufacturers, hospitals, schools, utility companies, distributors, local and national government, hotels, restaurants, entertainment, and shopping complexes and individual households to name but a few. Mobile Mini was formed in 1983 and is based in Stockton-on-Tees, United Kingdom.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Modulaire Group

London, United Kingdom

Category Company
Sector Real Estate
DESCRIPTION

Modulaire Group creates smart spaces for people to live, work, and learn. Modulaire Group has operations in 25 countries with approximately 250,000 modular space and portable storage units and 3,400 remote accommodations rooms. Modulaire Group operates as Algeco in Europe and Scandinavia, Elliott in the United Kingdom, BUKO Huisvesting, BUKO Bouw & Winkels, and BUKO Bouwsystemen in The Netherlands, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China. Modulaire Group is based in London, United Kingdom.


DEAL STATS #
Overall 10 of 10
Sector: Real Estate M&A 5 of 5
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 4 of 4
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-19 Balat

Pamplona, Spain

Balat engages in the Spanish market for the rent and sale of modular buildings, with a strong presence in the construction sector. It operates over 15,000 units from 15 sites in Spain and Portugal, including in Madrid, Barcelona, Bilbao, Coruna, Malaga, Seville, and Valencia. Balat was founded in 1971 and is based in Pamplona, Spain.

Buy -

Seller(S) 1

SELLER

WillScot

Phoenix, Arizona, United States

Category Company
Founded 1944
Sector Business Services
Employees4,500
Revenue 2.4B USD (2024)
DESCRIPTION

WillScot is a specialty modular space and portable storage rental solutions across North America. The company is the modular space supplier of choice for the construction, education, health care, government, retail, commercial, transportation, security and energy sectors. WillScot was founded in 1944 and is headquartered in Phoenix, Arizona.


DEAL STATS #
Overall 2 of 2
Sector: Real Estate M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
Country: United Kingdom M&A 1 of 1
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-22 Ironclad Environmental

Baytown, Texas, United States

Ironclad Environmental is a provider of specialty waste management solutions and temporary storage and containment equipment for hazardous and non-hazardous waste. Ironclad Environmental was formed in 1983 and is based in Baytown, Texas.

Sell $323M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-29 McGrath Rent

Livermore, California, United States

McGrath Rent is a business-to-business rental company offers electronic test equipment rental solutions. McGrath Rent was founded in 1979 and is based in Livermore, California.

Buy $3.8B