Sunbelt Rentals Acquires 33 Companies Since Beginning of Fiscal 2022
During the first six months of its fiscal year, ended October 31, Sunbelt Rentals in the United States, Canada and the United Kingdom, has acquired 27 companies. Since the end of the fiscal first half, Sunbelt has finalized the acquisition of six more companies at a total purchase price of $243 million, including $19 million of acquired debt.
In the fiscal first quarter, already reported by RER, Sunbelt UK, on May 5, 2022, acquired the entire share capital of Movietech Camera Rentals and Movietech Cymru Ltd., a specialty film production rental business. On May 13, Sunbelt U.S. acquired the business and assets of the power rental division of Filmwerks LLC, a specialty business in North Carolina.
On May 20, Sunbelt acquired the business and assets of Mashburn Equipment LLC, a Georgia-based general tool rental business. On June 1, Sunbelt Canada acquired the entire share capital of MacFarland's Ltd., a general tool business in Nova Scotia and New Brunswick.
On June 8, Sunbelt U.S. acquired the business and assets of Amos Metz Rentals & Sales LLC, a general tool rental company in California. On June 29, Sunbelt U.S. acquired the business and assets of George’s Tool Rental, a general tool business in Pennsylvania.
On July 7, Sunbelt U.K. acquired the entire share capital of PKE Lighting Holdings Ltd., a specialty rental business. On July 13, Sunbelt U.S. acquired the business and assets of Milford Rent-All, a general tool business in Maine.
On July 15, Sunbelt U.S. acquired the business and assets of R&N Tool Rental, a general tool rental business in Indiana. On July 20, Sunbelt U.S. acquired the business and assets of Chump Management, trading as Power Equipment Rental, a general tool business in Utah. On July 22, Sunbelt U.S. acquired the business and assets of Hamar Contractors Equipment, a general tool business in Pennsylvania.
On July 28, Sunbelt U.S. acquired the business and assets of A-V Equipment Rentals, a general tool business in California.
Fiscal second quarter acquisitions
Second quarter acquisitions began on August 2, with Sunbelt Canada acquiring the entire share capital of Compact Rentals, a general tool business in Alberta. On August 3, Sunbelt U.S. acquired the business and assets of Rental Country Inc., a general tool rental business in New Jersey. On August 10, Sunbelt U.S. acquired the business and assets of R.J. Lalonde Inc., a heavy equipment rental business in southern California.
On August 24, Sunbelt U.S. acquired the business and assets of Alaska Pacific Rental LLC, a general tool business in Alaska. On August 31, Sunbelt U.K. acquired the entire share capital of Optimum Power Services Ltd., a specialty rental business. On September 1, Sunbelt Canada acquired the entire share capital of Flagro Industries Ltd., a specialty rental business in Ontario.
On Sept 1, Sunbelt Canada acquired the entire share capital of Xtreme Rentals Ltd., a general tool business in Alberta. On September 16, Sunbelt U.S. acquired the business and assets of Tel-Power Tool & Equipment Rental, a general tool rental business in Pennsylvania. On Sept. 21, Sunbelt U.S. acquired the business and assets of Rent Mart Inc., known as Absolute Equipment, a general tool business in Pennsylvania.
On October 3, Sunbelt U.K. acquired the business and assets of Media Access Solutions Ltd., a specialty rental business. On October 5, Sunbelt U.S. acquired the business and assets of Runiesnor Ltd Partnership, known as BiltRite, a specialty business in Texas. On October 11, Sunbelt U.S. acquired the business and assets of Comeback Rentals LLC, a general tool business in South Carolina.
On October 12, Sunbelt U.S. acquired the business and assets of Presbone Corp., doing business as Pinellas Rental Center, a general tool rental business in Florida. On October 19, Sunbelt U.S. acquired the business and assets of Meco Miami, a general tool business in Florida.
And on October 26, Sunbelt U.S. acquired the business and assets of Heater Rental Services LLC, a general tool and specialty business in Minnesota.
Acquisitions continuing into the fiscal third quarter
Continuing its acquisition activity in the fiscal third quarter, on November 1, Sunbelt Canada acquired the entire share capital of Modu-Loc Fence Rentals LP and Sunbelt U.S. acquired the entire share capital of Modu-Loc USA, a specialty business operating across Canada and in Texas.
On November 4, Sunbelt U.S. acquired the business and assets of Iron Oak Energy LLC and Spoonbill Logistics LLC, a general equipment rental company in Louisiana. On November 9, Sunbelt U.S. acquired the business and assets of Wagner Rental & Supply Inc., a general tool business in Ohio and Kentucky.
On November 10, Sunbelt U.S. acquired the business and assets of OxTwo Equipment Sales LLC, a specialty business in South Carolina. On November 16, Sunbelt U.S. acquired the business and assets of Ohio Rental, Mt. Vernon Inc. and Ohio Rental of Johnstown Inc., a general tool business in Ohio.
And on December 2, Sunbelt Canada acquired the entire share capital of Studio City Scaffold Ltd., a specialty business operating in Toronto and Vancouver, Canada, and Los Angeles.
