WillScot Mobile Mini Acquires Regional Modular And Storage Services Provider In Midwest United States
14 Décembre 2021 - 2:00PM
WillScot Mobile Mini Acquires Regional Modular And Storage Services
Provider In Midwest United States
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
acquisition of McDonald Modular Solutions. The transaction was
funded with cash on hand and borrowings under the Company’s
revolving credit agreement. This acquisition adds approximately
1,300 modular units and over 300 storage units in the Company’s
existing markets in Michigan and Ohio.
Brad Soultz, Chief Executive Officer, commented, “I am excited
to welcome the employees of McDonald Modular Solutions to our team
at WillScot Mobile Mini. This transaction expands our presence and
capabilities in the greater Midwest region. Consistent with our
M&A strategy, we look forward to providing our ‘Ready to Work’
value proposition to new customers and applying our commercial and
organizational best practices, while leveraging our scalable
technology platform. Thank you to both our new and existing team
members who are now working together to integrate our
operations.”
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 over 275 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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