Sunbelt Rentals Acquires Denver Rental Company Van’s Equipment

Sunbelt Rentals has acquired Van’s Equipment Co., a two-location rental company in Denver. Van’s has branches in Dacono, in the North Denver area, and Aurora, in South Denver.

Michael Roth

June 22, 2017

2 min read

Sunbelt Rentals is continuing its acquisition activity which recently has included Noble Iron and aerialfocused MPS Equipment Rentals RG Rents and Pride Equipment — Sunbelt Rentals is continuing its acquisition activity, which recently has included Noble Iron and aerial-focused MPS Equipment Rentals, RG Rents and Pride Equipment.

Sunbelt Rentals has acquired Van’s Equipment Co., a two-location rental company in Denver. Van’s has branches in Dacono, in the North Denver area, and Aurora, in South Denver. SDR Ventures, a Denver-based investment banking firm serving private business owners in the lower middle market, served as exclusive sell-side advisor to Van’s Equipment.

Van’s, founded in 2008, grew steadily in the past several years to become one of the top construction equipment rental companies in the Denver Metro area and Northern Colorado. Van’s is ISO-certified and is aligned with a variety of brands, including Hyundai, Yanmar and Genie.

“We’re proud of the quality of equipment and service we’ve been able to provide to Colorado contractors, especially during this period of rapid growth in the region,” said Van’s president Kevin Moore. “The SDR team’s relationship with strategic buyers and a wide range of private equity groups helped create a strong process that led to a successful close with Sunbelt.”

The transaction will help Sunbelt expand its Rocky Mountain presence.

“It was a pleasure to work with Kevin Moore and his management team on this transaction,” said SDR principal Chris Bouck. “Due to Van’s growth and strong market position, we were able to present the company as a very compelling investment to a wide range of potential buyers. But at the end of the day, Sunbelt was the ideal fit. The Van’s team made a great decision, and we’re excited for Kevin, Van’s management and employees and Sunbelt going forward.”

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.