Rental Equipment Investment
Founded in 2014, Rental Equipment Investment Corp (REIC) is a rapidly growing company in the North American Equipment Rental Industry, operating two distinct divisions: General Rental and Specialty Rental, with headquarters in Miami, FL.
Company Overview
Founded in 2014, Rental Equipment Investment Corp (REIC) is one of the fastest growing companies in the North American Equipment Rental Industry. Headquartered in Miami, FL, REIC operates 43 branch locations under 10 different brands in the United States and Canada. The company has two distinct divisions: General Rental and Specialty Rental, serving a wide array of equipment needs.
General Rental Division
REIC's General Rental Division is headquartered in Kalispell, MT, and spans 30 locations across 7 states. This division offers equipment such as aerial, earthmoving, power, and compression equipment for contractors and homeowners. Notable brands under this division include Midway Rental, Pro Rentals and Sales, ERS, Black Mountain Rental, and Aim High Equipment Rentals. Recent acquisitions include Black Mountain Rentals in March 2023 and Aim High Equipment Rental, Inc. in June 2023.
Specialty Rental Division
The Specialty Rental Division of REIC was established in 2022 and is headquartered in New Iberia, LA. It includes 19 locations across 12 states and 3 Canadian provinces. This division specializes in heating, cooling, dehumidification, ventilation, and environmental control solutions. Brands under this division include CHI Companies, Total Construction Rentals, Cahill Services, Blackout Energy, and Industrial Drying Solutions. Industrial Drying Solutions, LLC was acquired in January 2023.
Strategic Growth and Acquisitions
REIC has undergone significant growth through strategic acquisitions and greenfield openings. In less than 8 years, the company has completed 16 acquisitions and 7 greenfield openings. Notable partnerships include a collaboration with Kinderhook Industries in late 2021 to accelerate its growth plan. The company's rapid expansion highlights its strong market position and strategic planning.
Brand Portfolio
REIC operates under 10 different brands, providing a diverse range of equipment rental solutions. These brands include Midway Rental, Pro Rentals and Sales, ERS, Black Mountain Rental, Aim High Equipment Rentals, CHI Companies, Total Construction Rentals, Cahill Services, Blackout Energy, and Industrial Drying Solutions. The extensive brand portfolio enables REIC to cater to various market needs across North America.