Transaction Summary
Calder Capital, a nationwide lower middle market M&A advisory firm, is pleased to announce the successful sale of The Rental Branch of St. Joseph, Michigan, to a Midwest-Based Buyer.
The Acquisition Story
Founded in 1997, The Rental Branch has built a strong reputation in Southwest Michigan for providing reliable and affordable equipment rentals for residential, commercial, and industrial projects. The Company’s extensive inventory includes everything from small tools such as pressure washers and saws to large machinery like mini excavators and tractors. Pat and Connie Peruchietti, owners since 2015, engaged Calder Capital’s Sell-Side team to identify a qualified successor aligned with their vision and values as they transition into retirement and pursue their passion for traveling.
Calder Capital’s Transaction Team and Sale Process
Matt Uhl of Calder Capital served as the Lead Mergers & Acquisitions Advisor to The Rental Branch. Serving as Lead Analyst was Riley Hagen of Calder Capital.
During the marketing process, Calder Capital distributed 178 Confidential Information Memorandums (CIMs) to qualified buyers. Calder secured a signed Letter of Intent approximately three months after going to market. The engagement lasted a total of 9.5 months, from on-market to close.
“I’ve known Pat for 10+ years. He’s a great guy, and it was an honor to represent Pat and The Rental Branch out on the market,” stated Uhl. After talking to several buyers, we believed that the buyer was the best person to purchase the business and to continue building on the success of The Rental Branch in the southwest Michigan market.”
“The equipment rental sector remains one of the most resilient and practical segments in the construction ecosystem,” commented Garrett Monroe, Calder Capital’s Sell-Side Managing Director. “As ownership costs for heavy machinery continue to rise, more contractors are turning to rentals as a cost-effective, flexible solution. Our team has advised on multiple equipment rental business sales, and we continue to see strong buyer interest across this segment, particularly in growing markets surrounding large metropolitan areas, such as Chicago.”
Calder Capital served as the exclusive Sell-Side Mergers and Acquisitions Advisor to The Rental Branch.
About The Rental Branch:
The Rental Branch was founded in 1997 in St. Joseph, Michigan. The Company provides a wide range of lawn, garden, concrete, and construction equipment rentals to residential, commercial, and industrial clients across Southwest Michigan. Its experienced staff ensures customers receive personalized guidance and quality service for every project, large or small. To learn more, please visit www.TheRentalBranch.com.
About Calder Capital:
Founded in 2013, Calder Capital is a cross-industry mergers and acquisitions advisory firm with offices across the United States. Calder provides valuation, sell-side, and buy-side services. We are nationally recognized for excellence in advising $1-100M enterprise value transactions in manufacturing, construction, distribution, and business services. Calder serves business owners, entrepreneurs, family offices, financial buyers, and investors. Learn more at www.CalderGR.com.
