Sunbelt acquires in Midwest

Photo: Catalyst Strategic Advisors

Sunbelt Rentals has acquired US-based company Runyon Equipment Rental. No financial details of the purchase have been revealed.

Founded in 1961, Runyon Equipment Rental is headquartered in Indiana and has a rental fleet that includes pumps, earthmoving equipment, generators and aerial lifts.

The company is also an authorised dealer for brands such as STIHL and Honda.

Carla Runyon-Fazekas, president of Runyon Equipment Rental said, “We’re incredibly excited about Runyon Equipment Rental’s future within Sunbelt Rentals. With Sunbelt’s culture, extensive resources, and expertise, we’re confident that the company will reach new pinnacles of success.

“This partnership will allow us to continue providing exceptional service to customers and will open exciting prospects for our employees in the years ahead.”

Catalyst Strategic Advisors served as the exclusive transaction advisor to Runyon Equipment Rental.