July 29, 2022
Cooper Equipment Rentals Announces Acquisition Of One Stop Rentals/Sales Ltd.
TORONTO, July 29, 2022 – Cooper Equipment Rentals Limited (“Cooper”), the leading Canadian-owned and operated construction equipment rental company, is very pleased to announce the completed transaction to purchase 100% of the shares of Airdrie, Alberta-based One Stop Rentals/Sales Ltd. (“One Stop”). Consistent with the growth vision for Cooper Equipment Rentals, this acquisition is a further step towards Cooper firmly establishing itself as the only Canadian-owned, nationally positioned, rental company.
Established in 2013, One Stop is an equipment rental company focused on providing exceptional rental services and saving customers time throughout Southern Alberta, including Airdrie, Calgary, Strathmore, Cochrane, Chestermere, and Olds. The Company offers quality, late model equipment that is supported by a highly experienced team of approximately 25 rental professionals.
“Our team is very proud to join the Cooper Equipment Rentals family and have found the acquisition and transition to be seamless” says Todd Maxwell, President of One Stop.
“We’re pleased to welcome One Stop into the Cooper family” says Doug Dougherty, CEO of Cooper. “The One Stop team has built a great business with a quality reputation in the market, and we are proud to be partnering with them as we continue to grow our company across Canada.”
The One Stop branch, which includes a significant climate control business, will join Cooper’s Southern Alberta Region under the direction of Regional Manager, Justin Wharton. “We’re delighted that Todd Maxwell, one of the shareholders of One Stop, will maintain his function as Branch Manager and play an integral role in assisting us in the transition of the acquisition over the next several months” says Wharton.
This latest acquisition extends Cooper Equipment Rentals’ coverage of the greater Calgary area, adding to the growing network of strategically located branches across Canada and supporting Cooper’s existing presence in the Alberta Region.
About Cooper
Established in 1972, Cooper Equipment Rentals Limited is a full-service construction equipment rental company, servicing contractors across Canada. With more than 55 branches in six provinces, Cooper specializes in the rental of compact, aerial, heavy construction, pump solutions and trench safety equipment, while providing a wide range of supplies, along with unparalleled service and support.
Website: www.cooperequipment.ca
About SeaFort
SeaFort Capital, based in Halifax, Nova Scotia, makes majority investments in small and medium-sized Canadian businesses and partners with experienced managers to build value. Learn more about SeaFort Capital at www.seafortcapital.com.
Contact:
Doug Dougherty, CEO
Cooper Equipment Rentals Limited
E-mail: ddougherty@cooperequipment.ca
Phone: (416) 727-4764
The full press release is available here.