Williams Scotsman completed the acquisition of Modular Space Holdings for $1.1bn.

Williams Scotsman, a modular space solutions company, completed the acquisition of Modular Space Holdings, a modular construction company, for $1.1bn. “We are pleased to confirm the completion of this transformational acquisition and would like to thank our collective customers, employees, and stakeholders for their support. The combination of these two complementary companies creates the undisputed leader of specialty rental services in North America. We are excited to welcome the talented and experienced ModSpace employees to our fast growing company. Together we become an even stronger company and partner for our customers. In sum, we believe the value created through the inherent synergies, coupled with the multi-year revenue opportunity associated with the expansion of our Ready to Work solutions, will benefit our shareholders for years to come,” Brad Soultz, Williams Scotsman President and CEO.