RSC Equipment Rental CEO Erik Olsson rang the opening bell on the New York Stock Exchange last Tuesday. RSC said the ringing celebrated the company’s May 23 initial public offering in which it raised $458.3 million.
RSC has experienced 15 consecutive quarters of positive same-store, year-over-year rental revenue growth. It has more than 450 rental locations in 39 states and four Canadian provinces.
“This is a proud day for RSC and its more than 5,200 employees,” said Olsson. “We’ve worked very hard to make RSC the great company it is today.”
Based in Scottsdale, Ariz., RSC is No. 3 on the RER 100 with $1.37 billion in rental volume and $1.65 billion in total volume.