Top 10 rental company Blueline Rentals acquired Capital Rentals, adding five locations in the Washington, D.C., market.
Founded in 1969, Capital Rentals is a full-service rental provider serving customers in Northern Virginia. (IHS Global ranks the Washington, D.C., metro area among the ten largest U.S. markets for rental revenue.) Capital Rentals is also the exclusive, full-line Wacker Neuson dealer in Northern Virginia.
According to Blueline CEO, Asterios Satrazemis, Capital Rentals’ nearly 50 years operating independently aligns the organization closely with Blueline’s culture. His prepared statement on the acquisition says, “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.”
Catalyst Strategic Advisors, LLC served as the exclusive advisor to Capital Rentals.
Blueline Rental provides construction equipment solutions for customers across North America. With over $1.5 billion in fleet across a network of 130 locations, Blueline serves customers in every major construction sector as well as industrial, energy and manufacturing industries. Blueline says its fleet of aerial, material handling, earthmoving, compaction and other general equipment is one of the youngest in the industry. The company is headquartered in The Woodlands, Texas.
