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Stock impact report

WillScot Mobile Mini Acquires Regional Storage Services Assets in Los Angeles

WillScot Mobile Mini Holdings Corp. - Class A (WSC) 
NASDAQ:AMEX Investor Relations: investors.willscot.com/investor-relations
Company Research Source: GlobeNewswire
PHOENIX, Nov. 22, 2021 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a North American leader in modular space and portable storage solutions, today announced that it closed the acquisition of the assets of Portable Storage Corporation in Los Angeles. The transaction was funded with cash on hand and borrowings under the Company’s revolving credit agreement. This acquisition adds about 3,000 storage units in the Company’s existing U.S. markets in California. Brad Soultz, Chief Executive Officer, commented, “I am excited to welcome the employees of Portable Storage Corporation to our team at WillScot Mobile Mini. Portable Storage Corporation’s operations expand our presence and capabilities in the greater Los Angeles area. Consistent with our M&A strategy, we look forward to providing our ‘Ready to Work’ value proposition to new customers, and applying our commercial and organizational best practices, while leveraging Show less Read more
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