Sacramento Area Rental Company Amos Metz Rentals Sold to Investors
Amos Metz Rentals, a single-location equipment rental company located in Woodland, Calif., announced it has been sold.
“Amos Metz has been in business since 1945 and is a staple in its marketplace,” said Joe Metz, an owner. “We are very pleased to have sold our business to Sacramento-based investors who know our business very well. We had several options after our long-time manager, Willie Truitt, retired and selling to this group was a natural fit for both parties. Willie, who owned a portion of the business, had a wonderful career in rental for over 40 years and we appreciate all of his hard work and efforts.”
The company will retain its name and the undisclosed buyer will continue to operate the business in the same tradition going forward, the company said.
Fred Hageman of Rental Acquisitions LLC facilitated the transaction on behalf of both the buyer and the seller. Attorney Les Chayo provided legal services to both parties.
Terms of the transaction were not disclosed.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.