Rental Equipment Investment Corp. (REIC), Miami, has purchased all the stock of All Rents Tools & Equipment (All Rents), Seaside, Ore. REIC now has 27 locations in seven states.
“All Rents is an excellent well-run company that serves northwestern Oregon and southwestern Washington with a full line of general industrial and construction rental equipment. All Rents fits perfectly into REIC’s existing network of stores in Oregon and Washington,” said Kevin Fitzgerald, CEO, REIC. “All Rents is led by Frank Orrell and Sarah Orrell-Poe who have built All Rents into a market leader in its area. We are looking forward to working with the All Rents team to expand their business.”
“All Rents has grown rapidly over the past several years and we are proud and thankful to all our employees, customers and vendors who have made our growth possible. Under REIC’s ownership we believe we will be able to expand further and give all our employees continued opportunities,” said Frank Orrell.
