R&R Group Idaho LLC announced this week that it has acquired the assets of A-1 Rental Inc., a two-location equipment rental company located in Rexburg, Idaho, and Idaho Falls, Idaho.
R&R Group Idaho LLC is owned by Troy Roper and is affiliated with R&R Rentals, a three-location equipment rental company located in the greater Seattle area.
“We’ve been looking for other equipment rental opportunities in adjacent states and when Fred brought this to us, it was just what we were searching for,” said Troy Roper. “We look forward to growing this outstanding business that Wes built.”
A-1 Rental Inc. is the leading independent equipment rental company in Eastern Idaho. Wes Thompson, owner and operator of A-1 Rental, grew up in the business, which began in 1987. In 2009, Thompson bought the business from his dad, Wayne. A-1 also has a porta-potty division that was part of the acquisition.
“We are thrilled to have sold our business to an independent and Troy has a proven track record of growing rental companies,” said Thompson. “It’s a great fit and I’m confident they can take what we’ve built and grow it from here. I’d also like to thank Fred Hageman of Rental Business Advisors for his handling of the entire process and making this deal possible. He brought us several buyers.”
The company will continue to be operated as A-1 Rental. All employees have been retained and Thompson will stay on for a one-year transition period.
Fred Hageman of Rental Business Advisors represented A-1 Rental Inc. in the transaction.
Terms of the transaction were not disclosed.
For more information about Roper and R&R Rentals, visit https://www.rermag.com/profiles/media-gallery/21119720/still-standing-in-seattle
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.