M&A Deal Summary

REIC Acquires Pro Rentals & Sales

On June 2, 2016, REIC acquired retailer Pro Rentals & Sales

Acquisition Highlights
  • This is REIC’s 4th transaction in the Retail sector.
  • This is REIC’s 4th transaction in the United States.
  • This is REIC’s 1st transaction in Idaho.

M&A Deal Summary

Date 2016-06-02
Target Pro Rentals & Sales
Sector Retail
Buyer(s) REIC
Deal Type Add-on Acquisition

Target

Pro Rentals & Sales

Idaho Falls, Idaho, United States
Pro Rentals & Sales, Inc. is a provider of rental for hand tools and lawn equipment. The company was founded in 1998 and is headquartered in Idaho Falls, Idaho.

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Buyer(S) 1

Buyer

REIC

Kalispell, Montana, United States

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 4 of 9
Sector (Retail) 4 of 4
Type (Add-on Acquisition) 4 of 9
State (Idaho) 1 of 1
Country (United States) 4 of 8
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-15 Hillside Rental

Evans, Colorado, United States

Hillside Rental LLC offers a wide range of general construction-related equipment for contractors, professional builders, homeowners, and landscape experts. The company was founded in 1986 and is based in Evans, Colorado

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-05 Columbia River Machinery

Hermiston, Oregon, United States

Columbia River Machinery LLC is an equipment rental company. Columbia River Machinery LLC was established in 2010 and is headquartered in Hermiston, Oregon.

Buy -