Northern California’s Rental Guys Inc. Acquires Gold-N-Green Rentals

Rental Guys Inc., based in Chico, Calif., announced this week that it has acquired Gold-N-Green Rentals Inc. of Grass Valley, Calif.

Michael Roth

March 3, 2018

2 min read

GoldNGreen Rentals Grass Valley Calif becomes the seventh location for Rental Guys — Gold-N-Green Rentals, Grass Valley, Calif., becomes the seventh location for Rental Guys.

Rental Guys Inc., based in Chico, Calif., announced this week that it has acquired Gold-N-Green Rentals Inc. of Grass Valley, Calif.

With the acquisition of Gold-N-Green, Rental Guys Inc. now has seven locations in northern California.

“We have known Gold-N-Green Rentals for years and when the opportunity was presented to us we knew it was a perfect fit for our network of locations,” said Alex DuBose, president of Rental Guys Inc.

Gold-N-Green Rentals has been in business for more than 50 years and is the leading rental company in its trade area.

“We are very pleased to have sold our business to Alex and Rental Guys Inc.,” said John Olson, president of Gold-N-Green. “We had multiple qualified potential buyers that Fred brought to us and it was an easy decision for me. I’ve been working here for 46 years and wanted to sell it to the right group. I feel we’ve done just that. I feel good about the deal for both our customers and our employees.”

Rental Guys also purchased Gold-N-Green’s facilities and seven and a half acres. “I want to thank Fred Hageman for his efforts in handling every aspect of the transaction including the real estate,” said Olson.

The company will change its name to Rental Guys Inc. in the near future.

Fred Hageman of Rental Acquisitions, LLC represented Gold-N-Green Rentals in the transaction. Terms of the transaction were not disclosed.

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.