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New Deal


Announced

Completed

Argosy completed the acquisition of Vac2Go.

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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Friendly

Private

Private Equity

Equipment Rental

Completed

vehicle rental

Acquisition

Single Bidder

Majority

United States

Cross Border

Synopsis

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Argosy, a private equity firm completed the acquisition of Vac2Go, a provider of mission-critical equipment to industrial, utility, and municipal customers. Financial terms were not disclosed. "This is a phenomenal opportunity for Vac2Go as we leverage the best of our customer service and fleet with Argosy's financial backing and expertise. Argosy was selected as our partner in large part because of their experience in the equipment rental space as well as their Value Acceleration Methodology. We are excited to expand our reach geographically and increase our fleet size which will allow us to broaden our customer base in the years to come," Allison Jamison Woosley, Vac2Go CFO.

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