Wincove and Ironwood Capital Recapitalize Elite Equipment Rental
May 10, 2024
Wincove Private Holdings, with participation from Ironwood Capital, recapitalized and provided growth capital to Elite Equipment Rental, LLC and its subsidiary Elite Parts, LLC. The transaction funds fleet growth, parts inventory and geographic expansion while Founder and President Chris Chapman remains in his leadership role.
- Buyers
- Wincove Private Holdings, LP, Ironwood Capital
- Targets
- Elite Equipment Rental, LLC, Elite Parts, LLC
- Industry
- Industrial Services
- Location
- Utah, United States
- Transaction Type
- Recapitalization
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