Truckee Rents was founded in the early 1980s and after doing business for 35 years it was acquired by Mountain Hardware and Sports.
Rental Acquisitions LLC announced that its client Truckee Rents was acquired by Mountain Hardware and Sports, Truckee, Calif.
Truckee Rents is a long-standing single-location construction equipment rental company established in the early 1980s and owned by Mike Horn, Frank Stratton and Karin Grodin. Mountain Hardware is a long-standing employee-owned and operated business.
“It was a lot of hard work. Thank you for all the help, Fred,” said Grodin.
Fred Hageman, principal of Rental Acquisitions facilitated the transaction and represented Truckee Rents Inc. Rental Acquisitions LLC is a mergers & acquisitions consulting firm specializing strictly in the equipment and special event rental industry for 17 years. Visit rentacquisitions.com for more information.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.
