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home / news releases / MGRC - McGrath RentCorp buys Brekke Storage in Colorado

MGRC - McGrath RentCorp buys Brekke Storage in Colorado

McGrath RentCorp

  • McGrath RentCorp ( NASDAQ: MGRC ) said Thursday it acquired the assets of Brekke Storage, a provider of portable storage solutions in Colorado.

  • The transaction was funded with borrowings from McGrath’s revolving credit facility.

  • The acquisition adds about 2,700 assets and a new branch location for McGrath’s portable storage operations, the company said.

  • Other financial terms of the deal were not disclosed.

  • Press Release .

  • Seeking Alpha contributor Daniel Jones recently laid out a "Buy" case for MGRC .

For further details see:

McGrath RentCorp buys Brekke Storage in Colorado
Stock Information
Company Name: McGrath RentCorp
Stock Symbol: MGRC
Market: NASDAQ
Website: mgrc.com
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