Texada Announces Closing of $25.0 Ml. U.S. Recapitalization of Equipment Rental Business

Texada Software Inc. announces its wholly owned U.S. subsidiary, Noble Rents Inc., has completed the recapitalization of its existing debt, previously announced on May 11, 2012. Noble Rents' initial entry into the U.S. equipment rental business took place in August 2011 with the acquisition of Rolls High Reach. The business operates from four locations in Southern California with 50 employees and over 1,100 pieces of aerial, forklift and light compact equipment rental units.

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