About REIC

Rental Equipment Investment Corp.

Founded in 2014 by industry veteran Kevin Fitzgerald, REIC rapidly established itself as a meaningful player and one of the fastest growing companies in the North American rental services industry. REIC’s uniquely differentiated acquisition and operating model, focused on acquiring private companies in small to mid-sized growing geographic markets, and maintaining legacy brands while providing financial and operational support to accelerate growth, has led to the successful completion of 16 acquisitions and 7 greenfield openings in less than 8 years. With corporate headquarters in Miami, FL, REIC now operates two divisions, General Rental, and Specialty Rental, with 43 locations across North America under 8 brands. 

Our General Rental Division focuses on providing the highest quality aerial, earthmoving, power, compression, and other small types of equipment for contractors and homeowners, and consists of a strategic footprint of 30 locations across 7 states.  Our Specialty Rental Division provides a wide variety of HVAC equipment and solutions for multiple applications and is currently comprised of 5 distinct brands operating in 19 locations across North America.

In December 2021, existing management along with Kinderhook Industries, LLC, a well-respected private investment firm that manages over $5 billion of committed capital, recapitalized REIC. This newly formed partnership has enabled us to significantly accelerate our organic growth plan and pursue strategic add-on acquisitions, while also positioning us better to provide our customers with even faster service, better equipment, and a more comprehensive customer experience.

“Our vision going forward is to maintain the spirit, culture, and environment of the companies we acquire, while taking advantage of having a centralized financial structure and the synergies this can afford.

Our recent partnership with Kinderhook has enabled us to significantly accelerate our long-term growth plans.”

Kevin Fitzgerald, CEO

Our History:

Get to know the industry veterans and forward-thinking executives leading the REIC family:

Corporate:

Kevin Fitzgerald

Executive Chairman

Kevin Fitzgerald, REIC CEO

Kevin founded REIC in 2014. He started in the equipment rental industry in 1995 as the CEO of Neff Rental and was CEO of REIC from its founding until December 2023.  Kevin remains active with REIC and is involved with acquisitions, capital, and overall strategic direction of REIC.

Greg Gallagher

CEO

Greg Gallagher, President

Greg has over 28 years of diverse experience in engineering, law, finance and management.  Greg was most recently the Chief Investment Officer of the Broe Group, a multi-billion dollar investment company, with holdings primarily in industrial businesses and real estate developments.  Prior to that, Greg was the CEO of a technology company and a Managing Director at Wells Fargo Capital Finance.

Derek Foster

CFO

Derek has over 20 years’ experience in the rental industry, holding a variety of senior financial and operational roles throughout the US and Europe. He joined REIC via the acquisition of Cahill Rentals and oversees the financial, accounting and administrative operations for the REIC Group.

General Rental:

Craig Diefenderfer

President

Craig started in the rental industry in 1995. Since joining REIC in 2016, Craig has held roles in store management, regional management, and senior management. In his current role, Craig is responsible for the oversight and management of REIC General Rental.

Matt Linn

CFO

Matt is a seasoned financial executive who has been with REIC since 2014.  Previously, he was the Controller of Midway Rental and CFO of Northwest Fuel Systems. Matt oversees all REIC’s financial, accounting and administrative operations.

Derek Curry

SVP, RENTAL OPERATIONS

Derek Curry Business Development Director

Derek moved from the construction industry to equipment rental industry in 2017, starting out as a sales representative for Midway Rental.  After 3 years in sales Derek was promoted to Region 1’s Operation/Sales Manager.  He was then promoted to Vice President of Operations for Region 1 covering MT, WY, and CO.  After his time as a Vice President, Derek was promoted to his current position of Business Development Manager for REIC’s general rental division.

Dustin Guilbert

SVP of Business Development

Dustin has been in the equipment rental industry since 1994 working in several management roles for Arrow Rentals, Prime Equipment, Rental Service Corp, Pro Rental and Sales and REIC.

Heather Gray

Human Resource Manager

Heather joined REIC in 2018 and brings with her over 20 years combined experience in Operations & HR.  Heather oversees all aspects of human resources for REIC including onboarding, training/education, employee relations, compliance, performance management, workers compensation, benefits, and certain aspects of the safety program.

Dallin Mortimer

VP, Fleet Management

Dallin started in the equipment rental industry in 2010. He was branch manager for Pro Rental and Sales before taking on the fleet manager role with REIC. Dallin is responsible for all corporate fleet purchases and used equipment sales.

Dustin Peterson

VP of Operations, Region 1

Dustin worked for a national company in the lawn and landscape industry for 17 years. During his tenure he managed residential and commercial sales and had 10+ years of branch management experience. Dustin came to the rental industry in 2015, starting out as a branch manager for Pro Rentals & Sales. Dustin was promoted to Region 2’s Operations Manager role in the spring of 2018 before accepting his latest role with REIC as Vice President of Operation for Region 1 covering Montana, Wyoming, and Colorado.

Specialty Rental:

Dennis haller

CEO

Dennis Haller Cahill Services

Dennis has extensive experience in leading, managing and transforming sales organizations as well as sales strategy, deployment, markets, market potential, systems, customer service and training. He has over thirty years as an executive in the industrial services sector with domestic and international experiences.

Nic Grizzell

CFO

Nic joined REIC in 2022 as CFO of the company’s Specialty organization. Previously, Nic was an investment banker at Prestwick Partners, a Minneapolis-based boutique sell-side investment bank.  During his tenure at Prestwick, Nic gained broad M&A experience in a variety of business types including equipment rental, business services, industrial, and niche manufacturing, among others.

Shawn Mack

SVP, Operations

Since 2013, Shawn Mack has had the pleasure to work at CHI Companies.  Over the years, Shawn has worked with his team to support some of the largest general contractors in the industry and open new locations throughout the United States.  With a strong foundation of service, CHI Companies has become a leader in specialty rental products in each of its markets.  In his free time, Shawn will be camping with his wife and kids, or playing pickleball with friends and family. 

Jon Martin

VP, Cahill US

Jon Martin joined Cahill in 2017 as Division Vice President of Cahill’s U.S. Operations. Mr. Martin is responsible for all rental revenue, operations, fleet logistics, technical services, and staffing in the U.S. Prior to joining Cahill, Mr. Martin spent 18 years working in sales and service center management for Aggreko.

Russ Porowski

VP/General Manager, TCR

Russ Porowski

With over 20 years’ experience, Russ holds exceptional strengths across finance, sales and management. Combining those assets with his breadth of knowledge and experience in the equipment rental industry, REIC Specialty is pleased to work alongside Russ as he leads the TCR organization.

Lance Wolgemoth

President, Cahill Canada

Lance Wolgemuth has been involved with various aspects of the Oil and Gas Industry for the past 15 years. He was appointed President of Cahill and under his direction, the company's fleet and market share developed significantly in Canada. He is proactive in working with manufacturing to bring new technology to market for the industry, and he was instrumental in bringing a new solar hybrid light technology to market in North America. His top priority is providing best-in-class service for customers, and he instills this mentality amongst his entire team.