JMH Capital sells Service Radio Rentals

United Rentals has acquired Service Radio Rentals and its subsidiary, Industrial Blind Solutions. The seller was JMH Capital. No financial terms were disclosed. BlackArch was the financial adviser to SRR and JMH Capital on the transaction. SRR is a provider of two-way communication solutions.



BlackArch Partners (BlackArch) is pleased to announce the sale of Service Radio Rentals/Industrial Blind Solutions (SRR/IBS), a former portfolio company of JMH Capital, to United Rentals, Inc. United Rentals, headquartered in Stamford, Connecticut, is the largest equipment rental company in the world, with rental locations in 49 states and every Canadian province. The transaction was completed on March 1, 2018.

BlackArch was retained by SRR/IBS’ management team and private equity partner, JMH Capital, to serve as the Company’s exclusive financial advisor. The transaction builds upon BlackArch’s experience and significant momentum in the energy services and rental sectors, representing market-leading businesses.

Mark Graham, former Chairman and CEO of SRR/IBS commented: “From the moment we selected BlackArch, they showed the work ethic, responsiveness and commitment to grind it out when our management team needed to keep the sale process on its most effective track. Their experience also added a very important intuitive value when we would reach predictable challenges in the process.”

In addition, Scott Steele, Managing Partner of JMH Capital, said: “BlackArch’s knowledge of specialty rental businesses and the energy services market was essential to a successful outcome for SRR/IBS. They understood the unique and fundamental drivers of SRR/IBS’ business model and its position in the industry, driving the transaction process and completing a sale with the perfect buyer for the company.”

About JMH Capital
JMH Capital is a private equity firm investing jointly with management teams across a range of transactions, including recapitalizations, management buyouts, corporate divestitures, leveraged buyouts and spin-offs. It typically invests in companies operating in the niche manufacturing, specialty chemicals, building products, medical devices, business services, value-added distribution, analytical instruments, food products and services sectors. The firm was established in 2003 and is based in Boston, Massachusetts. For more information, visit

About United Rentals
United Rentals, Inc. is the largest equipment rental company in the world. The company has an integrated network of 997 rental locations in 49 states and every Canadian province. The company’s approximately 14,800 employees serve construction and industrial customers, utilities, municipalities, homeowners and others. The company offers approximately 3,400 classes of equipment for rent with a total original cost of $11.51 billion. United Rentals is a member of the Standard & Poor’s 500 Index, the Barron’s 400 Index and the Russell 3000 Index® and is headquartered in Stamford, Connecticut. Additional information about United Rentals is available at

BlackArch Partners
BlackArch Partners is a leading middle-market investment bank offering a full spectrum of advisory services to financial sponsors, private companies and diversified corporations. BlackArch addresses the needs of owner-operators, founders and shareholders of private companies with specialized services that include M&A advisory, strategic advisory and private capital solutions. Headquartered in Charlotte, North Carolina, with offices in Chicago, Illinois, BlackArch features a total of 12 industry-focused practices that cover all sectors of interest to middle-market investors; BlackArch professionals have closed more than 350 transactions in 16 countries on four continents. Please visit our website,, for more details.