ANN ARBOR: Rent-A-Container (RAC), a portfolio company of Kinderhook Industries, LLC, has acquired The Eagle Leasing Company, a leading provider of portable storage containers, ground level offices (GLOs), semi-trailers, and mobile office solutions in the Northeast United States.
Founded in 1967, Eagle Leasing has built a strong reputation for high-quality equipment and customer-first service across New England, New York, and New Jersey. The acquisition marks a significant expansion for RAC, creating one of the largest independent portable storage and GLO leasing networks in the country.
The combined company will operate more than 25,000 rental units and employ over 200 people across 18 branch locations serving the East Coast, South, and Midwest.
“We are proud of what Eagle Leasing has built over several generations and are thrilled to partner with Kinderhook and RAC to drive Eagle’s next chapter of growth,” said Louis Eagle. “This transaction expands the opportunity for our employees, for our customers, and for the Eagle brand.”
The Eagle name will continue under the new ownership, with several members of the Eagle family remaining in leadership roles, including Matthew Eagle as vice president, Michael Eagle as vice president of sales, and Brandon Eagle as vice president of operations and marketing.
“Eagle is one of the most trusted brands in the portable storage industry,” said Dan McMurtrie, CEO of Rent-A-Container. “This acquisition not only cements RAC’s market presence in the Eastern region, but also deepens our bench of leadership and operating talent.”
Rob Michalik, managing director at Kinderhook, called the deal a “tremendous opportunity” to strengthen RAC’s market share and expand its service capabilities.
Legal and financial advisors for the transaction included Sidley Austin LLP, Greenberg Traurig LLP, Alvarez & Marsal, Mintz Levin, Houlihan Lokey, and Corporate Partners. Credit facilities were led by Comerica Bank, Huntington Bank, and Key Bank.