Sunbelt Rentals Acquires Portable Rental Solutions and One Source Cooling
Sunbelt Rentals has acquired the assets of Portable Rental Solutions and its sister company, One Source Cooling. Portable Rental Solutions is a specialty rental company providing portable cooling, heating, dehumidifiers and filtration systems through strategic locations in the largest markets in Texas: Dallas/Fort Worth, Houston, San Antonio, Austin and the Central Texas corridor along I-35.
One Source Cooling, the sales arm of Portable Rental, is the exclusive North American distributor of the Airrex brand of spot coolers, heat pumps and filtration systems. The Stansberry Firm represented Portable Rental and One Source Cooling in the sale.
Industry veteran Austin McCourt founded Portable Rental in 2002, and will remain with Sunbelt for a transition period.
“We originally retained The Stansberry Firm three years ago to streamline and perfect my business with a long-term goal of attracting a buyer,” McCourt said. “We implemented their suggestions and earlier this year, when I was approached by two potential buyers, I asked them to step in to guide me through the process. I am pleased we found a buyer who will allow my management team to grow and prosper as well as offer my customers a broader range of products while retaining a high level of customer service.”
The Stansberry Firm specializes in business sales, fair market business valuations and operational consulting, including positioning businesses to increase their value. Check out www.thestansberryfirm.com.
