Announced
Completed
Financials
Tags
Majority
Private Equity
Completed
Private
equipment rental
fence rental
portable restrooms
Equipment Rental
United States
Domestic
Single Bidder
Friendly
Acquisition
Synopsis
Platinum Equity, a private investment company, completed the acquisition of United Site Services, a provider of portable sanitation and related site services in the United States. Financial terms were not disclosed. "This transaction provides the best of both worlds: a chance to monetize the value we have created over the past four years, while providing new and existing investors the opportunity for additional returns on the next stage of the company's growth. USS has a proven leadership team, a clearly defined strategic plan, and a playbook that has generated consistent results. With additional capital and a longer runway, the company is poised to reach even greater heights," Louis Samson ,Platinum Equity Partner.
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