McGrath RentCorp Acquires Assets Of Inland Leasing And Storage, A Colorado-Based Container Rental Company; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
McGrath RentCorp has acquired the assets of Inland Leasing and Storage, a Colorado-based container rental company. The acquisition, funded by McGrath's revolving credit facility, adds approximately 600 assets to McGrath's portable storage operations in Colorado.
July 06, 2023 | 8:02 pm
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McGrath RentCorp's acquisition of Inland Leasing and Storage assets could potentially strengthen its portable storage operations in Colorado.
The acquisition of Inland Leasing and Storage assets by McGrath RentCorp is likely to enhance its portable storage operations in Colorado. This could potentially lead to increased revenues and profitability for the company, which may positively impact its stock price in the short term.
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