Tri-City Equipment Rentals was acquired by Toromont Industries Ltd

Deal typeM&A
IndustryConstruction & Building Materials
Client nameTri-City Equipment Limited
BDO’s M&A and Capital Markets team is pleased to announce that Tri-City Equipment Rentals Limited's rental business has been acquired by a global leader in construction, mining, and engineering equipment manufacturing, Toromont Industries. The acquisition is aimed to better serve Toromont’s customer needs in the southwest Ontario region.  

BDO acted as exclusive financial advisor to Tri-City Equipment Limited's rental business, assisting shareholders throughout the transaction.

Deal team: Ryan Farkas, Salman Virani