WillScot Mobile Mini Acquires Three Leading Regional Storage Services Companies
20 Septembre 2021 - 2:00PM
WillScot Mobile Mini Acquires Three Leading Regional Storage
Services Companies
WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the
“Company”) (Nasdaq: WSC), a North American leader in modular space
and portable storage solutions, today announced that it closed the
acquisitions of American Mobile Leasing, Inc., Equipe Container
Services, Inc. d/b/a Moveable Container Storage (MCS), and
Saf-T-Box, LP. The transactions were funded with cash on hand and
borrowings under the Company’s revolving credit agreement.
Combined, these acquisitions add about 11,000 storage units in the
Company’s existing U.S. markets.
Brad Soultz, Chief Executive Officer, commented, “We are excited
to welcome the employees of American Mobile Leasing, Equipe, and
Saf-T-Box to the WillScot Mobile Mini family. Each company is a
highly respected peer and strengthens our position in key markets
across the United States. These acquisitions are consistent with
our growth strategy, allowing us to extend our ‘Ready to Work’
value proposition to new customers and further expand our industry
leading fleet availability and service capabilities. They also
highlight the scalability of our technology platform, which allowed
us to integrate seamlessly this morning and provided employees and
customers access to our systems on day one post-closing. We will
continue to make smart organic and inorganic investments in our
business, while applying technology and our commercial and
operational best practices to amplify returns. Again, welcome to
our new team members. I look forward to their contributions as we
collaborate together on the exciting opportunities ahead.”
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains forward-looking statements within
the meaning of the U.S. Private Securities Litigation Reform Act of
1995 and Section 21E of the Securities Exchange Act of 1934, as
amended. The words "estimates," "expects," "anticipates,"
"believes," "forecasts," "plans," "intends," "may," "will,"
"should," "shall," "outlook" and variations of these words and
similar expressions identify forward-looking statements, which are
generally not historical in nature. Certain of these
forward-looking statements include statements relating value
creation, the Company’s share price, and the Company’s future
performance. Forward-looking statements are subject to a number of
risks, uncertainties, assumptions and other important factors, many
of which are outside our control, which could cause actual results
or outcomes to differ materially from those discussed in the
forward-looking statements. These risks include, without
limitation, the risks and uncertainties described in the periodic
reports we file with the SEC from time to time (including our Form
10-K/A for the year ended December 31, 2020), which are available
through the SEC’s EDGAR system at www.sec.gov and on our website.
Any forward-looking statement speaks only at the date which it is
made, and WillScot Mobile Mini disclaims any obligation to update
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise, except as required by
law.
About WillScot Mobile Mini Holdings Corp.
WillScot Mobile Mini Holdings trades on the Nasdaq stock
exchange under the ticker symbol “WSC.” Headquartered in Phoenix,
Arizona, the Company is a leading business services provider
specializing in innovative flexible workspace and portable storage
solutions. WillScot Mobile Mini services diverse end markets across
all sectors of the economy from a network of approximately 270
branch locations and additional drop lots throughout the United
States, Canada, Mexico, and the United Kingdom.
Contact Information
Investor Inquiries:
Nick Girardi
nick.girardi@willscotmobilemini.com
Media Inquiries:
Scott Junk
scott.junk@willscotmobilemini.com
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