WillScot Mobile Mini to Acquire McGrath RentCorp for $3.8B
January 29, 2024
WillScot Mobile Mini Holdings Corp. has entered into a definitive agreement to acquire McGrath RentCorp in a transaction valuing McGrath at an enterprise value of $3.8 billion. The deal combines two complementary temporary- and permanent-space solutions and rental platforms, creating a larger North American leader with expanded geographic coverage, projected synergies, and expected accretion to earnings within 12 months of closing.
- Buyers
- WillScot Mobile Mini Holdings Corp.
- Targets
- McGrath RentCorp
- Sellers
- McGrath RentCorp shareholders
- Industry
- Industrial Services
- Location
- California, United States
- Transaction Type
- Buyout
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