McGrath Acquires Colorado-Based Container Rental Company

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Mar 02, 2023

McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced it has acquired the assets of Brekke Storage, a regional provider of portable storage solutions in the Colorado market. The transaction was funded with borrowings from McGrath’s revolving credit facility. The acquisition adds approximately 2,700 assets and a new branch location for McGrath’s portable storage operations.