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Announced

BigRentz to acquire Lizzy Lift.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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construction equipment

Machinery: Construction

Friendly

United States

Acquisition

Single Bidder

Majority

Pending

Merger

Private

rental services

Synopsis

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BigRentz, an equipment rental network, agreed to acquire Lizzy Lift, a nationwide and international provider of construction equipment rental services. Financial terms were not disclosed. “Our goal has always been to make heavy equipment rentals easier for our clients by leveraging technology and automation. BigRentz has the technology infrastructure that completely automates the equipment rental workflow and the user interface that makes it easier for clients to not just book rentals, but also invoice management and equipment logistics. It’s a win-win for our customers and BigRentz,” Jennifer DuBose-Lombard, Lizzy Lift Co-Owner and Senior Vice President.

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