Volvo Rents continued its year-long acquisition spree with the purchase of Great Plains Rental, a southern Oklahoma-based equipment rental company with stores in Ada, Ardmore, Duncan and Durant, Okla.
“While some of the projected rental revenue growth will come from increased demand as the construction industry recovers, the benefits of renting equipment have been magnified in today’s marketplace,” said Michael Crouch, vice president of business development for Volvo Rents.
Great Plains was founded by Bill Clark and his brother Todd in 2001. Clark’s two sons, Will and Garrett will continue with Volvo Rents as general manager and key account manager respectively.
“They’re more than a first-rate equipment operation,” added Crouch speaking of Great Plains Rent-All. “They’re good people who support a number of school, church, civic and charitable organizations with their time and finances.”
Fred Hageman of Rental Acquisitions LLC, Cameron Park, Calif., represented Great Plains Rent-All in the transaction.
Based in Shippensburg, Pa., Volvo Rents is No. 17 on the RER 100.