-
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.
-
Seeking Alpha contributor Daniel Jones recently laid out a "Buy" case for MGRC .
For further details see:
McGrath RentCorp buys Brekke Storage in Colorado