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.

Targets
Durante Rentals
Industry
Construction
Location
New York, United States
Transaction Type
Recapitalization

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