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New Deal


Announced

Completed

TDR-backed WillScot completed the merger with Mobile Mini in a $6.6bn deal.

Financials

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Transaction Value£5,147m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales11.1x
EV/EBITDA30.46x
Share Price Premium8%
One Off Charge-

Synopsis

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TDR-backed WillScot, a warehousing and storage services company, completed the merger with Mobile Mini, an American portable storage company based in Phoenix, Arizona, in a $6.6bn deal. Upon completion of the transaction, current WillScot and Mobile Mini stockholders will own 54% and 46% of the combined company, respectively. "We are pleased to join forces with WillScot to offer customers the largest portfolio of modular space and portable storage solutions in North America. We look forward to working with the WillScot team to successfully integrate our great businesses and deliver strong, predicable growth and profitability to stockholders over the long term, all while maintaining our commitment to our culture and focus on customer service," Kelly Williams, Mobile Mini President and CEO.

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