Runyon Equipment Rental, a premier independent provider of rental equipment in the greater Indianapolis market, has been acquired by Sunbelt Rentals. Founded in 1961, Runyon Equipment Rental’s decades of customer relationships and market insights positioned the company as a leading rental company in the Indianapolis market. Runyon partnered with Rock Island Capital in 2019 to further invest in and grow the business.
"We're incredibly excited about Runyon Equipment Rental's future within Sunbelt Rentals,” said Runyon Equipment Rental president Carla Runyon-Fazekas. “With Sunbelt's culture, extensive resources, and expertise, we're confident that the company will reach new pinnacles of success. This partnership will allow us to continue providing exceptional service to customers and will open exciting prospects for our employees in the years ahead.”
Sunbelt Rentals is ranked No. 2 on the RER 100 with approximately 1,250 locations in North America and a rental fleet valued at more than $14 billion.
Catalyst Strategic Advisors served as the exclusive transaction advisor to Runyon Equipment Rental.