New Phase Advisory Services is pleased to announce that we served as financial advisor to Key Equipment Sales & Rental, Inc. (“Key” or “the Company”) on its sale to Able Equipment Rental, Inc. (“ABLE”) New Phase Advisory Services worked with the Company for nearly a year preparing for the transaction. During this time, we managed a competitive sell-side M&A process and assisted in negotiating the terms of the transaction.
Key Equipment Sales & Rental, Inc
Headquartered in Honey Brook, Pennsylvania, Key Equipment Sales & Rentals, Inc. is an equipment rental and sales company specializing in access
and material handling equipment for the commercial and industrial market in the Greater Philadelphia Metro area. Since Key’s beginning in 2008, as a landscape rental center, the company grew into a regionally recognized supplier for many leading commercial and industrial contractors in the Susquehanna and Delaware River basins. Key provides aerial work platforms, forklifts and compact cranes to its diverse clientele and is well-respected in the industry. The Company will continue to provide superior service and an upgraded fleet of rental equipment as ABLE’s fourth location in the Northeast.
About Able Equipment Rental, Inc.
Founded in 1996, ABLE, based in Deer Park, NY, serves the New York, New Jersey, Pennsylvania and Delaware markets providing equipment rentals, sales, service, and parts, as well as applications for critical infrastructure maintenance and support, contingency planning, and disaster recovery. ABLE also offers a fleet of service vehicles providing emergency service and repairs to customer owned fleets. ABLE’s team of experts are available for consultation and equipment recommendations for any type of commercial or industrial project.
For more information on ABLE Equipment Rental, visit www.ableequipment.com.
About New Phase Advisory Services
New Phase Advisory Services provides C-level advisory services to small and middle market companies. Whatever your company’s positioning may be, we offer a range of expertise to help you elevate your business. Services include outsourced CFO and COO consulting, profit and organizational performance improvement consulting, cash flow planning and forecasting, turn-around and restructuring consulting, debt refinancing, M&A acquisition due diligence and post-closing integration planning and implementation through our team of experienced financial professionals.
For more information about our firm please visit www.NewPhaseAdvisors.com or contact our Managing Partner, Gary C. Varney, CPA, CMA by phone at 610-513-6053 or by email at Gary@NewPhaseCFO.com.