7 Acquisitions of Companies in the Rental Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Rental industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 7 acquisitions that took place in the Rental industry.

Cozy acquired by CoStar Group

Details about the transaction:

Acquisition amount:

$68,000,000

Announcement:

8 November 2018

Details about the company:

Renters and landlords can use Cozy, an online property management service.

Headquarter:

Portland, Oregon, United States

Where to find them:

Industry:

Finance, Property Management, Real Estate, Rental, Software

Details about the buyer:

Information, analytics, and marketing services on commercial real estate are offered by CoStar Group (NASDAQ: CSGP).

Headquarter:

Washington, District of Columbia, United States

Where to find them:

Fat Llama acquired by Hygglo

Details about the transaction:

Acquisition amount:

$41,500,000

Announcement:

15 August 2022

Details about the company:

A peer-to-peer rental marketplace called Fat Llama enables users to rent out extra stuff to close neighbors in an assured manner.

Headquarter:

London, England, United Kingdom

Where to find them:

Industry:

Marketplace, Peer to Peer, Rental, Rental Property

Details about the buyer:

In Sweden, a peer-to-peer renting business called Hygglo lets users utilize one other's possessions.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

PaulCamper acquired by Camplify

Details about the transaction:

Acquisition amount:

$29,814,997

Announcement:

19 October 2022

Details about the company:

The campervan and RV sharing platform and community in Europe is called PaulCamper.

Headquarter:

Berlin, Berlin, Germany

Where to find them:

Industry:

Internet, Marketplace, Rental, Travel

Details about the buyer:

With the help of Camplify, RV owners may connect with travelers looking to rent campers, motorhomes, campervans, and caravans.

Headquarter:

Newcastle, New South Wales, Australia

Where to find them:

brumbrum acquired by Cazoo

Details about the transaction:

Acquisition amount:

$89,924,722

Announcement:

26 January 2022

Details about the company:

Used cars with up to three years of warranty are available for purchase online from Brumbrum.

Headquarter:

Milano, Lombardia, Italy

Where to find them:

Industry:

Automotive, E-Commerce, Internet, Rental

Details about the buyer:

Cazoo is an online marketplace for used automobiles that aims to revolutionize the way used cars are purchased, financed, or rented.

Headquarter:

London, England, United Kingdom

Where to find them:

Clinichain acquired by ADDvise

Details about the transaction:

Acquisition amount:

$36,131,107

Announcement:

6 June 2022

Details about the company:

Clinichain provides supply of medical equipment and logistical assistance through leasing options.

Headquarter:

Almere, Flevoland, The Netherlands

Where to find them:

Industry:

Clinical Trials, Logistics, Medical Device, Rental

Details about the buyer:

Equipment is provided by ADDvise to hospitals and research institutes.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

Hi-Rail Leasing acquired by Custom Truck One Source

Details about the transaction:

Acquisition amount:

$46,000,000

Announcement:

14 January 2022

Details about the company:

The fastest growing road/rail leasing and rental firm in Canada is Hi-Rail Leasing.

Headquarter:

Elliot Lake, Ontario, Canada

Where to find them:

Industry:

Railroad, Rental, Transportation

Details about the buyer:

Your one-stop shop for all of your equipment needs is Custom Truck One Source.

Headquarter:

Kansas City, Missouri, United States

Where to find them:

4-Way Equipment Rentals acquired by Cooper Equipment Rentals

Details about the transaction:

Acquisition amount:

$6,523,928

Announcement:

2 February 2017

Details about the company:

Equipment options are offered by 4-Way Equipment Rentals for industrial and construction operations.

Headquarter:

Edmonton, Alberta, Canada

Where to find them:

Industry:

Construction, Rental

Details about the buyer:

A full-service provider of construction equipment rentals is Cooper Equipment Rentals.

Headquarter:

Mississauga, Ontario, Canada

Where to find them: