Sunbelt Rentals Acquires Albany-based Casale Rent-All
As reported in its quarterly earnings release last week, Sunbelt Rentals announced it has acquired Casale Rent-All, LLC, an equipment rental business with two locations in the Albany, N.Y., area. Tony Casale started Clifton Park True Value hardware in 1995, a retail hardware store. As the business began to focus on rental, the business rebranded from Clifton Park True Value to Casale True Value Rent-All and finally to Casale Rent-All. As rentals grew to be the dominant part of the business, rental operations were relocated to a dedicated facility across the street and the retail hardware store was discontinued.
In 2005, Casale opened a second location in nearby Colonie, N.Y., which was relocated to a new custom-built facility in 2019. The business has had tremendous growth the last several years with son Nick Casale leading sales, son Anthony leading maintenance and deliveries and daughter Gianna handling the administrative duties.
According to Tony Casale, “We knew that to continue our growth we would have to expand geographically from the Albany market. Sunbelt made us a great offer and we felt the time was right for us to sell.”
Terms of the transaction were not disclosed. The Stansberry Firm (thestansberryfirm.com) represented Casale Rent-All in the transaction. Sunbelt Rentals, headquartered in Fort Mill, S.C., is No. 2 on the RER 100 with more than 1,200 locations.
