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REIC Adds Excavator Rental Services to its Stable of Companies

By Rental Equipment Investment Corp | | 0 Comments

Rental Equipment Investment Corp. continued its acquisition activity with the purchase of all the assets and certain liabilities of Excavator Rental Services LLC and ERSWest LLC. ERS is an equipment rental company based in Camas, Wash., with additional branches in Wilsonville and Hood River, Ore. REIC is an equipment rental holding company that now has 26 locations … Read more…

NewSpring Mezzanine Capital Announces Investment in Rental Equipment Investment Corporation

By Rental Equipment Investment Corp | | 0 Comments

Radnor, PA – June 2, 2016 – NewSpring Capital, a family of private equity funds providing growth and expansion capital, announced today that NewSpring Mezzanine Capital (“NewSpring”), the firm’s dedicated mezzanine fund, has led an investment in Rental Equipment Investment Corporation (“REIC”). NewSpring partnered with REIC’s CEO and existing shareholders; proceeds will be used to … Read more…

FEATURE: World Rental Report

By Rental Equipment Investment Corp | | 0 Comments

http://www.khl.com/subscriptions/magazines/international-rental-news/ As the benefits of renting equipment rather than owning it continue to be recognised around the world, IRN caught up with senior figures from the global industry to get some perspective on the state of the market in different countries and regions. Covering all four corners of the Earth, this report features interviews with … Read more…

Press Releases

Rental Equipment Investment Corp. Opens Branch in Logan, Utah

By Rental Equipment Investment Corp | | 0 Comments

Rental Equipment Investment Corp. has opened a new equipment rental location in Logan, Utah, the company said. “We are very excited to open our first Utah location as we see this state as one which can provide REIC great opportunities,” said REIC CEO Kevin Fitzgerald. “The new story will operate as Pro Rentals and Sales, … Read more…

Superior Tractor and Equipment Inc. Purchased By Rental Equipment Investment Corp

By Rental Equipment Investment Corp | | 0 Comments

For Immediate Release Superior Tractor and Equipment Inc. Purchased By Rental Equipment Investment Corp Miami, Florida, September 5, 2017 – Rental Equipment Investment Corp (“REIC”) has purchased the assets of Superior Tractor and Equipment, Inc.  (“Superior”), an equipment rental company based in Redmond, Oregon. REIC is an equipment rental holding company which now has 23 … Read more…

Rental Equipment Investment Corp. Acquires Ontario Tool & Rental

By Rental Equipment Investment Corp | | 0 Comments

Rental Equipment Investment Corp. has acquired the assets and certain liabilities of Ontario Tool & Rental Inc., an equipment rental company based in Ontario, Oregon. REIC is an equipment rental holding company that now has 22 locations in five states in the northwest United States. “Ontario Tool & Rental is led by Rusty Smith, who … Read more…

Rental Equipment Investment Corp. Acquires Columbia River Machinery

By Rental Equipment Investment Corp | | 0 Comments

Rental Equipment Investment Corp. has purchased all the assets and certain liabilities of Columbia River Machinery, an equipment rental company based in Hermiston, Ore. REIC is an equipment rental holding company with 21 locations in five states. “Columbia River Machinery is an excellent well-run company with a management team led by Mr. Morgan Neal,” said … Read more…