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Wheeler Machinery Co. completes acquisition of Diamond Equipment & Tool Rental to expand its Cat Rental Store division

PRIVATEAug 19, 2024

Acquiring Company

Wheeler Machinery

Acquired Company

Diamond Equipment & Tool Rental

Salt Lake CitySalt Lake CityManufacturingReal EstateRental

Description

Wheeler Machinery Co. has strategically acquired Diamond Equipment & Tool Rental, significantly expanding Wheeler’s Cat Rental Store division with an enlarged footprint and an enhanced product offering. This acquisition reaffirms Wheeler’s position as a one-stop shop for all equipment rental needs in Utah and broadens its reach and product portfolio.

Quick answer

Wheeler Machinery is acquiring Diamond Equipment & Tool Rental, announced August 19, 2024. Wheeler Machinery is based in Salt Lake City, Utah, United States.

How much did Wheeler Machinery pay for Diamond Equipment & Tool Rental?
The deal value was not disclosed.
What does Wheeler Machinery do?
Wheeler Machinery Co. is Utah’s Cat dealer, serving the state since 1951.
Where are Wheeler Machinery and Diamond Equipment & Tool Rental based?
Wheeler Machinery is based in Salt Lake City, Utah, United States. Diamond Equipment & Tool Rental is based in Salt Lake City, Utah, United States.
Who are the decision-makers at Wheeler Machinery?
Fundz holds 1 contact at Wheeler Machinery. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Wheeler Machinery

Location

Salt Lake City, Utah, United States

About

Wheeler Machinery Co. is Utah’s Cat dealer, serving the state since 1951. Its Cat Rental Store locations specialize in daily, weekly, and monthly equipment rentals, from earthmoving machines and attachments to aerial equipment and jackhammers. Wheeler’s mission is to support those who build our world.

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Frequently asked

Who acquired Diamond Equipment & Tool Rental?

Diamond Equipment & Tool Rental was acquired by Wheeler Machinery, based in Salt Lake City. The deal was reported on August 19, 2024. Wheeler Machinery Co. is Utah’s Cat dealer, serving the state since 1951. Wheeler Machinery is privately held and operates in Manufacturing.

When did Wheeler Machinery acquire Diamond Equipment & Tool Rental?

Wheeler Machinery's acquisition of Diamond Equipment & Tool Rental was reported on August 19, 2024. Wheeler Machinery Co. has strategically acquired Diamond Equipment & Tool Rental, significantly expanding Wheeler’s Cat Rental Store division with an enlarged footprint and an enhanced product offering. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Diamond Equipment & Tool Rental do?

Diamond Equipment & Tool Rental is a leading rental provider of short- and long-term rentals across a huge variety of tools and equipment in Utah. It has a strong presence and a loyal customer base in Utah. It is privately held, operating in Real Estate, and is based in Salt Lake City.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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