Add-on Acquisition • Business Services

Sunbelt Rentals Acquires CRS Contractors Rental Supply

On July 19, 2017, Sunbelt Rentals acquired business services company CRS Contractors Rental Supply for 275M CAD

Acquisition Context
  • This is Sunbelt Rentals’ 6th transaction in the Business Services sector.
  • This is Sunbelt Rentals’ largest (disclosed) transaction.
  • This is Sunbelt Rentals’ 1st transaction in Canada.
  • This is Sunbelt Rentals’ 1st transaction in Ontario.

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M&A Deal Summary

Date July 19, 2017
Target CRS Contractors Rental Supply
Sector Business Services
Buyer(s) Sunbelt Rentals
Deal Type Add-on Acquisition
Deal Value 275M CAD

Target Company

CRS Contractors Rental Supply

Kitchener, Ontario, Canada
CRS Contractors Rental Supply, Inc. is a provider of rental equipment in Ontario, Canada employing over 400 people across 28 locations. Company product offerings include equipment rental, equipment sales and service, safety training and propane supply.
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Buyer Overview 1

Buyer

Sunbelt Rentals

Raleigh, North Carolina, United States

Category Company
Sector Business Services
DESCRIPTION
Sunbelt location in Hermantown, Minnesota.
Sunbelt location in Hermantown, Minnesota.

Sunbelt Rentals is a US equipment rental company. Sunbelt provides equipment rental solutions for the industrial, construction, and municipal markets, plus the DIY markets, from its network of several hundred branches. Its equipment fleet includes a wide range of general construction and industrial equipment, and is further broadened by specialty businesses serving the Pump, Power, Trench Shoring and Scaffold markets.


Deal Context for Buyer #
Overall 12 of 14
Sector: Business Services 6 of 8
Type: Add-on Acquisition 12 of 14
State: Ontario 1 of 1
Country: Canada 1 of 1
Year: 2017 3 of 3
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-22 Van s Equipment Co.

Burlington, Washington, United States

Van's Equipment Co. is a provider of rental & sales caters to contractors and specializes in dirt equipment. Van's Equipment was founded 1989 and is based in Burlington, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-23 Comrent

Broomfield, Colorado, United States

Comrent provides expert solutions that enable companies to evaluate and commission their critical power generation systems with confidence and precision. The company has specialized in power-testing infrastructure, partnering closely with Fortune 500 data centers, electrical utilities, renewable developers, and oil and gas companies to tailor the best load testing solutions to their needs. Comrent was founded in 1997 and is based in Broomfield, Colorado.

Buy -