Cooper Rentals Expands Canadian Footprint
Ontario-based Cooper Equipment Rentals Ltd. has expanded its footprint in Canada with the acquisition of Star Rentals and Prime Rentals.
Star Rentals is the largest independent equipment rental company in the Lower Mainland of British Columbia. Established in 1984, Star Rentals services the Metro Vancouver area through its locations in White Rock, Surrey, Langley, Abbotsford, Burnaby and Maple Ridge.
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Over the past several decades, Star Rentals has developed a reputation for reliable, value-added service and has established a loyal base of customers that rely on the company to provide complete equipment rental solutions. Doug Johnson, the president and principal owner of Star Rentals, will assume a senior role with Cooper, and will help manage and grow Cooper’s business in British Columbia.
“This strategic acquisition immediately puts us in a leading position in the important Vancouver market and allows us to support customers throughout the Lower Mainland,” said Doug Dougherty, CEO of Cooper. “It moves us closer to our goal of establishing a national network of branches through which we can deliver best-in-class service to customers throughout Canada.”
“My partners and I take great pride in business we have built, and we are deeply committed to Star Rentals’ employees and customers,” Johnson said. “We have every confidence that this transaction will provide meaningful opportunity for our employees and will allow Star Rentals’ customers to continue receiving the high level of service to which they have become accustomed. Cooper’s culture aligns perfectly with Star’s, and I am excited to have the opportunity to work with the fastest growing independent equipment rental company in Canada.”
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Alberta-based Prime Rentals has two locations in Lethbridge and nearby Taber, Alberta. Prime was established in 1979, and over the past several decades developed a reputation for reliable, value-added service and has established a loyal base of customers that rely on the company to provide complete equipment rental solutions. Kim and Trina Tymko, the owners of Prime, will assist Cooper in ensuring a smooth transition of the acquisition over the next several months.
“We are excited about the expansion of our operations in the Southern Alberta market with the addition of Prime Rentals’ experienced team of rental professionals, well-rounded equipment fleet and excellent branch facilities,” said Darryl Cooper, president of Cooper.
“My wife Trina and I take great pride in the business our family has built, and we are deeply committed to Prime Rentals’ employees and customers,” said Kim Tymko, president of Prime Rentals. “We have every confidence that this transaction will provide meaningful opportunity for our employees and will allow Prime Rentals’ customers to continue receiving the high level of service to which they have become accustomed.”
Cooper specializes in compact equipment and aerial rentals and offers a broad range of construction equipment and supplies. The company operates in excess of 40 rental locations. In 2013 Cooper received a majority investment from SeaFort Capital.
SOURCE – Cooper Rentals
