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Hunter Street Partners Acquires Two Equipment Rental Facilities In Florida

Jan 25, 2022almost 4 years ago

Acquiring Company

Hunter Street

Acquired Company

Two Equipment Rental Facilities

Lending And InvestmentsFinancial ServicesProfessional ServicesOther

Description

Hunter Street, a Minneapolis-based alternative investment management firm, is pleased to announce the expansion of its All-Star Rents platform through the acquisition of two equipment rental facilities that focus on the sale, rental, and servicing of light equipment. Building on the initial acquisition in September 2020 of All-Star Equipment Rental in Naples, the All-Star platform now operates three locations in central and south Florida: Sarasota, Orlando, and Naples.

Company Information

Company

Hunter Street

About

Hunter Street is a Minneapolis-based alternative investment management firm that provides creative capital solutions to operating partner teams and small to mid-sized companies for special situations, asset-based financings, and secondary purchases. The firm is focused on special opportunities across corporate finance, real estate, and specialty finance. Learn more about Hunter Street at www.hunterst.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed