May 19, 2022 09:00 EDT
SOUTHFIELD, Mich., May 19, 2022 (Newswire.com)
VESTA Modular (“VESTA” or the “Company”), a portfolio company of Kinderhook Industries, announces that it has acquired modular building assets from Hilltop Trailer Sales in Minnesota.
“This acquisition further illustrates the commitment the company has in providing a Nationwide offering to our customers. These assets enhance our ever-growing fleet of modular buildings for sale or lease,” says Dan McMurtrie, CEO of VESTA Modular. “We are excited to welcome the customers of Hilltop to the VESTA family and look forward to a seamless transition.”
About VESTA Modular – Founded in 2014 and headquartered in Southfield, MI, VESTA is a leading provider of temporary and permanent modular space solutions across a diverse base of end markets and applications. The Company operates two divisions – (i) modular space leasing whereby it leases units from its owned fleet of over 6,000 units to customers across a range of end markets and (ii) modular project installation whereby it facilitates the design, construction, and installation of modular spaces. VESTA’s core end markets include education, industrial, construction, government, municipalities and retail sectors. In addition to its Southfield, MI headquarters, VESTA operates strategically placed branches in some of the nation’s fastest growing markets – Atlanta, Dallas, Elkhart, Houston, Miami, Mobile, Nashville, Charlotte, Connecticut, and Riverside. For more information, please visit: www.VESTAModular.com.
About Kinderhook Industries – Founded in 2003, Kinderhook Industries, LLC is a private investment firm that manages over $4.5 billion of committed capital. We have made in excess of 300 investments and follow-on acquisitions since inception. Kinderhook’s investment philosophy is predicated on matching unique, growth-oriented investment opportunities with exceptional financial expertise and our proprietary network of operating partners. Our focus is on middle market businesses with defensible niche market positioning in the healthcare services, environmental / business services, and automotive / light manufacturing sectors. We have a track record of successfully and consistently building industry leaders. For more information, please visit: www.kinderhook.com.
Source: VESTA Modular