Acquiring Company
WillScot Mobile Mini
Acquired Company
Mcgrath Rentcorp
LivermoreDescription
McGrath RentCorp and WillScot Holdings Corporation have mutually agreed to terminate their previously announced merger agreement. As a result of this termination, McGrath will receive a termination fee of $180 million. McGrath RentCorp president and CEO, Joseph Hanna, expressed confidence in the company’s standalone strategy and its commitment to customer value and shareholder return. Additionally, McGrath remains focused on its modular and portable storage growth opportunities and plans to provide further updates on its business and financial prospects in the near future.
Quick answer
WillScot Mobile Mini is acquiring Mcgrath Rentcorp, announced September 18, 2024.
- How much did WillScot Mobile Mini pay for Mcgrath Rentcorp?
- The deal value was not disclosed.
- What does WillScot Mobile Mini do?
- For over 60 years, WillScot has been the leader in mobile offices, portable storage containers, modular classrooms, and various specialty temporary space solutions.
- Where are WillScot Mobile Mini and Mcgrath Rentcorp based?
- Mcgrath Rentcorp is based in Livermore, California, United States.
Source: Fundz verified event record.
Who to call at WillScot Mobile Mini, and when
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Frequently asked
Who acquired Mcgrath Rentcorp?
Mcgrath Rentcorp was acquired by WillScot Mobile Mini. The deal was reported on September 18, 2024. For over 60 years, WillScot has been the leader in mobile offices, portable storage containers, modular classrooms, and various specialty temporary space solutions. Explore our site to learn more about our offering. WillScot Mobile Mini is privately held.
When did WillScot Mobile Mini acquire Mcgrath Rentcorp?
WillScot Mobile Mini's acquisition of Mcgrath Rentcorp was reported on September 18, 2024. McGrath RentCorp and WillScot Holdings Corporation have mutually agreed to terminate their previously announced merger agreement. As a result of this termination, McGrath will receive a termination fee of $180 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Mcgrath Rentcorp do?
It is publicly traded (MGRC), and is based in Livermore.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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