Tracked deals
5
5 tracked deals across 2021-2022.
Livermore, CA, United States
Formerly known as VESTA Modular, VESTA Modular (Kinderhook), VESTA Modular (acquired by Mobile Modular)
Mobile Modular provides turnkey modular buildings and portable classrooms for rent, lease, or purchase.
Tracked deals
5
5 tracked deals across 2021-2022.
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Addon
4 addon · 1 recapitalization
Last 3 years
Supporting Data
VESTA Modular, a Kinderhook Industries portfolio company, acquired modular office trailer assets from Hilltop Trailer Sales' Modular Office Trailers division in Minnesota to expand its nationwide fleet for sale and lease. The transaction adds inventory and capabilities to VESTA's modular space leasing and installation offering and supports the company's fleet-investment growth strategy.
VESTA Modular, a portfolio company of Kinderhook Industries, acquired Riverside, California-based Commercial Mobile Systems on December 8, 2021 to expand its West Coast branch network. The deal adds CMS's Riverside branch and employees to VESTA's national modular rental and sales platform as part of a geographic expansion strategy.
VESTA Modular, a Kinderhook Industries-backed provider of modular space solutions, completed the acquisition of Dallas-based BD Modular, adding approximately 350 modular units and opening a Dallas branch. The deal (financial terms undisclosed) brings BD's employees into VESTA and supports VESTA's expansion across the Southwestern United States.
VESTA Modular completed the acquisition of Innovative Modular Solutions (IMS), adding a strategic branch in Elkhart, Indiana and approximately 600 units to VESTA's rental fleet. IMS Co-Founder Pat Carmody will join VESTA as President of Operations; financing was provided by a syndicate led by Flagstar Bank and VESTA is PE-backed by Kinderhook Industries.
Kinderhook Industries partnered with VESTA management to recapitalize VESTA Housing Solutions, acquiring the company from private equity investor Balmoral Funds. VESTA, headquartered in Southfield, Michigan, operates modular space leasing and modular construction services with an owned fleet of several thousand units and multiple U.S. branch locations to support growth and expansion.
Turn tracked acquisition activity into an outreach-ready buyer list.