Rental Equipment Investment Corp. (REIC) Acquires Aim High Equipment Rental, Inc.

Kinderhook Industries Acquires Rental Equipment Investment Corporation (REIC)

January 6, 2022

Industrial Services

Kinderhook Industries, in partnership with REIC founder and CEO Kevin Fitzgerald, has acquired Rental Equipment Investment Corporation (REIC). The private equity firm said the investment will accelerate REIC's organic growth and enable a program of strategic add-on acquisitions and new specialty site openings across its 32-location fleet.

Rental Equipment Investment Corp. (REIC) Acquires Indian Peaks Rental, LLC

May 28, 2024

Industrial Services

Rental Equipment Investment Corp. (REIC), a portfolio company of Kinderhook Industries, has acquired IPR of CO, LLC d/b/a Indian Peaks Rental, a Tabernash, Colorado-based full-service general equipment rental company. The acquisition — REIC's eighth add-on under Kinderhook and the company's 20th since inception — expands REIC's regional presence in the Mountain West and positions Indian Peaks to benefit from growth around the Winter Park ski area. Financial terms were not disclosed; Joe Penn, owner of Indian Peaks, sold the business.

Rental Equipment Investment Corp. Acquires Midstream Equipment Corporation

May 31, 2023

Industrial Services

Rental Equipment Investment Corp. (REIC), a portfolio company of Kinderhook Industries, acquired Midstream Equipment Corporation, a Calgary-based provider of specialty rental solutions for oil & gas and large industrial sectors. The deal is REIC’s sixth add-on under Kinderhook’s ownership; financial terms were not disclosed.

Rental Equipment Investment Corp. (REIC) Acquires Total Construction Rentals, Inc.

May 4, 2022

Industrial Services

Rental Equipment Investment Corp. (REIC), a portfolio company of Kinderhook Industries, acquired Total Construction Rentals, Inc. (TCR), a specialty HVAC equipment rental business operating across seven Mid‑Atlantic jurisdictions. The transaction is REIC's first add-on under Kinderhook and expands REIC's specialty rental footprint and East Coast presence; financial terms were not disclosed.

Rental Equipment Investment Corp. (REIC) Acquires Cahill Services, LLC

May 31, 2022

Industrial Services

Rental Equipment Investment Corp. (REIC), a portfolio company of Kinderhook Industries, has acquired Cahill Services, LLC, a Livonia, Michigan–based specialty rental provider of climate control and lighting equipment. The transaction is REIC's second add-on under Kinderhook and expands REIC’s specialty rental footprint and proprietary JetHeat flameless heating technology across North America; financial terms were not disclosed.

Rental Equipment Investment Corp. Acquires Black Mountain Rentals

February 28, 2023

Industrial Services

Rental Equipment Investment Corp. (REIC), a portfolio company of Kinderhook Industries, has acquired Black Mountain Rentals, Inc., a two-location general equipment rental business based in Pinedale, Wyoming. The acquisition is REIC's fifth add-on under Kinderhook and expands REIC's geographic presence in the Wyoming/Idaho area; financial terms were not disclosed.