WillScot Mobile Mini Acquires Leading California Portable Classroom Provider
16 Maio 2022 - 5:01PM
WillScot Mobile Mini Acquires Leading California Portable Classroom
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 Elite Modular Leasing and Sales, Inc. The transaction was
funded with cash on hand and borrowings under the Company’s
revolving credit agreement. This acquisition adds approximately 900
modular units to the Company’s existing operations throughout
California.
Brad Soultz, Chief Executive Officer, commented,
“The acquisition of Elite Modular expands our presence in
California and adds particular expertise serving the public
education sector. I have been impressed by the Elite team and their
demonstrated success competing in this market. As we continue to
execute our growth strategy, I am excited to offer our diverse and
fully turnkey offering to these new customers. I welcome the
employees of Elite Modular to the WillScot Mobile Mini team and
thank them and our current team for their efforts in integrating
these two great organizations.”
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 for the year ended December 31, 2021), 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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