Rent-A-Container has acquired Fortin Modular Storage to enhance its services in the Northeastern United States, marking a strategic expansion in its operations.

Target Company Overview

Rent-A-Container ("RAC"), a portfolio company of Kinderhook Industries, LLC, has announced its acquisition of Fortin Modular Storage ("Fortin"). This strategic acquisition is poised to enhance RAC's presence and operational capabilities in the Northeastern United States, enabling the company to provide improved services to its customer base in the region.

Michael Ferrantino, RAC's Director of Mergers and Acquisitions, expressed enthusiasm about the acquisition, stating, "We are thrilled to welcome Fortin Modular Storage to the Rent-A-Container family. This acquisition aligns perfectly with our growth strategy and allows us to better serve the needs of our customers in the Northeast. Marc Fortin and his team have built a terrific company, and we couldn’t be more excited to have him and his team join us for this next phase of growth." Post-acquisition, Fortin will maintain an ownership stake in RAC and will work collaboratively to integrate services and expand into new markets.

Industry Overview in the Northeastern United States

The portable storage industry has shown significant growth in the Northeastern United States, driven by a rising demand for efficient storage solutions across residential, commercial, and