Cooper Equipment Rentals Ltd has acquired Alberta Lift and Equipment Rentals Inc, a Calgary-based provider of aerial equipment rentals and related services. No financial terms were disclosed. Cooper, a Mississauga, Ontario provider of compact, aerial and heavy construction and industrial equipment, said the deal will help grow its business in Western Canada. The company, which serves contractors across Ontario and in parts of Québec and Alberta, is a portfolio investment of Canadian private equity firm SeaFort Capital. SeaFort acquired a majority stake in Cooper in 2013.
Cooper Equipment Rentals Announces Acquisition of Alberta Lift
TORONTO, July 10, 2017 /CNW/ – Cooper Equipment Rentals Limited (“Cooper”), a leading Canadian equipment rental company, announced today that it has acquired Alberta Lift and Equipment Rentals Inc. (“Alberta Lift”).
Established in 2012, Alberta Lift is an equipment rental company focused on aerial equipment that services Southern Alberta from its branches in Calgary and Lethbridge. The company has built its business through an uncompromising dedication to customer service. Alberta Lift offers quality, late model equipment that is supported by a highly experienced team of rental professionals. Justin Wharton, the President and co-founder of Alberta Lift, will assume a senior role with Cooper, and will help grow Cooper’s business in Western Canada.
“We are excited to strengthen our business in Western Canada with the addition of Alberta Lift’s impressive team of rental professionals, top-notch equipment fleet and excellent branch facilities,” said Doug Dougherty, President of Cooper. Darryl Cooper, CEO, added, “this acquisition broadens our presence in Western Canada and allows us to bring the Cooper difference to customers throughout Southern Alberta. We are pleased to add Justin to the Cooper team- we know that his energy and professionalism will further strengthen the impressive team that we have established in the Western Canadian market.”
Justin Wharton commented “this transaction will allow Alberta Lift’s loyal customers to continue receiving the high level of service to which they have become accustomed. Alberta Lift’s customer service philosophy aligns perfectly with Cooper’s, and I am excited to have the opportunity to work with the fastest growing independent equipment rental company in Canada.”
Established in 1972, Cooper Equipment is a Canadian owned full-service construction equipment rental company, servicing contractors throughout Ontario and in parts of Quebec and Alberta. Cooper specializes in compact equipment and aerial rentals and offers a broad range of construction equipment and supplies, backed by unparalleled service and support. The company operates 25 rental locations. In 2013 Cooper received a majority investment from Halifax-based SeaFort Capital.
Halifax-based SeaFort Capital makes controlling investments in small and medium sized Canadian businesses and partners with experienced managers to build value.
For further information: Doug Dougherty, President, Cooper Equipment Rentals Limited, E-mail: firstname.lastname@example.org, Phone: (416) 744-5000
Photo courtesy of Alberta Lift and Equipment Rentals Inc