WesternOne Equity Income Fund, a Vancouver, B.C.-based rental company, was ranked No. 84 in the Business in Vancouver Top 100 Public Companies ranking of the 100 fastest-growing Canadian public companies based on 2008 revenues.
WesternOne has acquired six rental companies in western Canada in recent years.
“We are honoured to receive this recognition from Business in Vancouver,” said Darren Latoski, WesternOne CEO. “It is a great validation that our acquisition program is working as we transform independent private companies into two complementary operating platforms that are diversified by geography, business line and end user. Streamlining multiple private businesses under two distinct operating platforms isn’t easy, and it’s a testament to our employees, management team and trustees for their dedication and hard work. Since our IPO in 2006, WesternOne Equity has been able to acquire and integrate six market-leading private businesses in the equipment rental and propane distribution industries. These accretive acquisitions have enabled WesternOne to further diversify the seasonality of our revenues despite the economic slowdown.”
WesternOne Equity Income Fund is also No. 81 on the RER 100.