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New Deal


Announced

I Squared Capital to acquire Rentco.

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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Single Bidder

Majority

Cross Border

Private Equity

Acquisition

transport equipment leasing

Equipment Rental

Private

Pending

Friendly

Australia

Synopsis

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I Squared Capital, a private equity firm, agreed to acquire Rentco, a transport equipment leasing company in Australia providing flexible equipment rental options. Financial terms were not disclosed. Rentco is part of I Squared Capital’s strategy of expanding its presence in Australia and complements its other portfolio companies: Clean Energy Fuels Australia, a West Australia-based industrial decarbonization platform supporting off-grid miners and remote communities in reducing their carbon footprints, and Soilco, an organic waste processor generating high quality soil health products and supporting the circular economy along Australia’s east coast.

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