M&A Deal Summary

REIC Acquires Reliable Equipment Rental

On July 29, 2015, REIC acquired retailer Reliable Equipment Rental

Acquisition Highlights
  • This is REIC’s 2nd transaction in the Retail sector.
  • This is REIC’s 2nd transaction in the United States.
  • This is REIC’s 1st transaction in Wyoming.

M&A Deal Summary

Date 2015-07-29
Target Reliable Equipment Rental
Sector Retail
Buyer(s) REIC
Deal Type Add-on Acquisition

Target

Reliable Equipment Rental

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

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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 2 of 9
Sector (Retail) 2 of 4
Type (Add-on Acquisition) 2 of 9
State (Wyoming) 1 of 1
Country (United States) 2 of 8
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-09 Midway Rental and Power Equipment

Kalispell, Montana, United States

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.

Buy -
FOLLOWING 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 -