McGrath RentCorp acquires modular space solutions company Vesta Modular

McGrath RentCorp acquires modular space solutions company Vesta Modular

McGrath RentCorp, a business-to-business rental company in North America, has acquired modular space solutions company Vesta Modular from Kinderhook Industries in an all-cash transaction valued at approximately $400 million. With the acquisition, McGrath RentCorp anticipates to increase its longer-term financial profile, mobile modular business footprint, reach to new customers, and proportion of longer-term rental revenue […]