Rental Equipment Investment Corp. has acquired Industrial Drying Solutions to enhance its specialty rental services and expand its geographic reach in the United States.
Information on the Target
Industrial Drying Solutions, LLC (IDS), a subsidiary of Power Rental Solutions, LLC, specializes in providing specialty rental equipment, particularly in the areas of heating, dehumidification, and power solutions. Established in 2020 and based in Franklin Park, Illinois, IDS operates within a niche market that is increasingly relevant in various sectors such as construction, restoration, and industrial maintenance.
With a commitment to innovation and customer service, IDS has rapidly built a reputation for delivering high-quality equipment and exceptional service. This acquisition by Rental Equipment Investment Corp. (REIC) marks a strategic step in expanding the operational capabilities and market reach of both IDS and REIC in the specialty rental space.
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Industry Overview in the Target’s Specific Country
The rental equipment industry in the United States is experiencing robust growth, driven by increasing demand across various sectors, including construction, events, and emergen
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Rental Equipment Investment Corp.
invested in
Industrial Drying Solutions, LLC
in 2023
in a Buy & Build / Roll-Up deal