BlueLine Rentals has acquired Capital Rentals, a full-service rental provider serving customers in Northern Virginia.
Founded in 1969, the company has built a reputation for quality service, with longstanding and loyal customer relationships.
The five-location operation expands BlueLine’s footprint into the region and enters the company into the Washington D.C. market, an area that ranks among the top 10 MSAs for rental revenue, as ranked by IHS Global in 2016.
According to BlueLine CEO, Asterios Satrazemis, with Capital Rentals operating independently for nearly 50 years, the organization aligns closely with the BlueLine’s culture. “At BlueLine we believe our heart of an independent is what sets us apart from other large competitors. Today we strengthened our team and improved our density in Washington D.C., ultimately positioning us to better serve our customers in the market,” Satrazemis shared in a statement.
Catalyst Strategic Advisors, LLC served as the exclusive advisor to Capital Rentals.
