WillScot Mobile Mini Acquires Regional Storage Services Provider
April 27 2022 - 8:00AM
WillScot Mobile Mini Acquires Regional Storage Services
Provider
WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the
“Company”) (Nasdaq: WSC), a North American leader in modular space
and portable storage solutions, today announced that it has
acquired the rental fleet and related assets from Decatur Container
Sales and Rentals. The transaction was funded with cash on hand and
borrowings under the Company’s revolving credit agreement. This
acquisition adds over 1,900 storage units to the Company’s existing
markets in Alabama, Mississippi, Georgia and Southern Tennessee.
Brad Soultz, Chief Executive Officer, commented,
“I am excited to be expanding our presence across Alabama,
Mississippi, Georgia and Southern Tennessee. These new customers
have immediate access to the most innovative portable storage
offering in North America – from our proprietary door closure and
locking systems and value-added products collection to our
best-in-class, in-house logistics capabilities. We strive to make
it easy for customers to get exactly what they need and be Ready to
Work the moment their order arrives. I would like to thank both our
new and existing team members who are working together to integrate
our operations.”
Cautionary Statement Regarding
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995 and Section 21E of the Securities
Exchange Act of 1934, as amended. The words "estimates," "expects,"
"anticipates," "believes," "forecasts," "plans," "intends," "may,"
"will," "should," "shall," "outlook" and variations of these words
and similar expressions identify forward-looking statements, which
are generally not historical in nature. Certain of these
forward-looking statements include statements relating value
creation, the Company’s share price, and the Company’s future
performance. Forward-looking statements are subject to a number of
risks, uncertainties, assumptions and other important factors, many
of which are outside our control, which could cause actual results
or outcomes to differ materially from those discussed in the
forward-looking statements. These risks include, without
limitation, the risks and uncertainties described in the periodic
reports we file with the SEC from time to time (including our Form
10-K/A for the year ended December 31, 2020), which are available
through the SEC’s EDGAR system at www.sec.gov and on our website.
Any forward-looking statement speaks only at the date on which it
is made, and WillScot Mobile Mini disclaims any obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by law.
About WillScot Mobile Mini Holdings
Corp.
WillScot Mobile Mini Holdings trades on the Nasdaq
stock exchange under the ticker symbol “WSC.” Headquartered in
Phoenix, Arizona, the Company is a leading business services
provider specializing in innovative flexible workspace and portable
storage solutions. WillScot Mobile Mini services diverse end
markets across all sectors of the economy from a network of over
275 branch locations and additional drop lots throughout the United
States, Canada, Mexico, and the United Kingdom.
Contact Information
Investor Inquiries:
Nick Girardi
nick.girardi@willscotmobilemini.com
Media Inquiries:
Scott Junk
scott.junk@willscotmobilemini.com
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