Cooper Equipment Rentals Acquires Alberta’s Modern Industrial Rentals

Jan. 17, 2018

2 min read

Cooper Equipment Rentals39 Edmonton Alberta branch The acquisition of Modern Industrial Rentals is Cooper39s third acquisition in Alberta in the past year — Cooper Equipment Rentals' Edmonton, Alberta, branch. The acquisition of Modern Industrial Rentals is Cooper's third acquisition in Alberta in the past year.

Cooper Equipment Rentals, Canada’s fastest-growing equipment rental company, has acquired Modern Industrial Rentals, a construction and industrial equipment rental company that services Southern Alberta from its branches in Calgary and Medicine Hat, Alberta. Modern, established in 1978, has built its business through dedication to customer service, offering late-model equipment a professional rental team.

“We are excited about the opportunity to strengthen our business in Western Canada with the addition of Modern Rentals’ experienced team of rental professionals, quality equipment fleet, and strategically located branch facilities,” said Doug Dougherty, president of Cooper Equipment Rentals.

“This acquisition broadens our presence in Western Canada and allows us to bring the Cooper Difference to customers throughout Southern Alberta,” said Cooper CEO Darryl Cooper. “We are pleased to welcome the Modern folks to the Cooper team – we know that their energy and professionalism will further strengthen the impressive team that we have established in the Western Canadian Market.

In July, Cooper acquired Alberta Lifts, which focuses on aerial equipment that services Southern Alberta from its branches in Calgary and Lethbridge. Cooper, headquartered in Mississauga, Ontario, Canada, entered the Alberta market earlier in 2017 with the acquisition of 4-Way Equipment Rentals.

“This transaction, as a follow-up to the acquisition of Alberta Lift in July 2017, will allow Cooper to leverage its position as the premium aerial equipment supplier in Southern Alberta and bring the full range of equipment rental services to Cooper’s and Modern’s valued customers,” said Justin Wharton, Cooper’s regional manager for Southern Alberta. “I am very excited to be working with the excellent team at Modern Rentals to continue our growth in Western Canada.”

Cooper Equipment Rental was established in 1972. It operates 30 rental locations. In 2013 Cooper received a majority investment from Halifax, N.S.-based SeaFort Capital. The company is No. 35 on the RER 100.

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.