I Squared Capital to acquire Rentco.

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.