Add-on Acquisition • Business Services

Sunbelt Rentals Acquires Van s Equipment Co.

On June 22, 2017, Sunbelt Rentals acquired business services company Van s Equipment Co.

Acquisition Context
  • This is Sunbelt Rentals’ 5th transaction in the Business Services sector.
  • This is Sunbelt Rentals’ 11th transaction in the United States.
  • This is Sunbelt Rentals’ 1st transaction in Washington.

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M&A Deal Summary

Date June 22, 2017
Target Van s Equipment Co.
Sector Business Services
Buyer(s) Sunbelt Rentals
Deal Type Add-on Acquisition
Advisor(s) SDR Ventures (Financial)

Target Company

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.
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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 11 of 14
Sector: Business Services 5 of 8
Type: Add-on Acquisition 11 of 14
State: Washington 1 of 1
Country: United States 11 of 13
Year: 2017 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-03 Pride Equipment

Islip, New York, United States

Pride Equipment Corp. is a major provider of rental equipment in New York City and surrounding areas specialising largely in aerial work platforms to the construction, industrial and movie production industries.

Buy $279M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-19 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.

Buy CA$275M