American Trailer Group Completes Acquisition in Texas
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American Trailer Rental Group announced it completed the acquisition of Dallas-based Advantage Trailer Leasing, with operations across Texas in Houston, San Antonio, Austin and Longview.
American Trailer said the deal reflects its aggressive growth strategy in cooperation with Milton Street Capital, its equity sponsor.
Also, it furthers its goal of being the provider of choice serving blue chip customers across a multitude of geographies and industries with high-quality storage, cartage and over-the-road trailers as well as other portable storage options.
It is the fourth acquisition since Milton Street’s formation of the American Trailer Rental Group in June 2017. This, coupled with its greenfield initiatives, brings its total number of rental locations to 10 and its rental fleet is now approaching 13,000 units, according to the Walton, Ky.-based company.
“As part of the ATRG family we are better capitalized, have greater access to high-quality equipment and a larger customer base to serve,” said Garrett Vilven, vice president of container operations at American Trailer Rental Group. — Transport Topics
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