Clairvest Invests in Durante Rentals to Support Recapitalization
July 2, 2019
Clairvest Group Inc. (TSX: CVG) made an equity investment in Durante Rentals to support a recapitalization and provide capital for growth. Durante Rentals is a leading independent construction equipment rental provider in the New York metropolitan area operating a ~10-branch network and will continue to be led by co-founder and CEO Anthony Durante, who remains a significant shareholder.
- Buyers
- Clairvest Group Inc.
- Targets
- Durante Rentals
- Industry
- Construction
- Location
- New York, United States
- Transaction Type
- Recapitalization
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