- WillScot Mobile Mini Holdings Corp (NASDAQ:WSC) closed the acquisition of McDonald Modular Solutions, adding ~1,300 modular units and over 300 storage units in its existing markets in Michigan and Ohio. Financial terms were not disclosed.
- The company funded the acquisition with cash on hand and borrowings under its revolving credit agreement.
- WillScot Mobile Mini held cash and equivalents of $11.32 million as of September 30, 2021.
- Price Action: WSC shares are trading lower by 1.94% at $38.48 on the last check Tuesday.
Blackstone Real Estate Income Trust Acquires Home Partners Of America
Blackstone Real Estate Income Trust, Inc. (BREIT), a real estate investment platform managed by a subsidiary of Blackstone Group Inc (NYSE: BX), has announced its acquisition of Home Partners of America (HPA), valuing the company at $6 billion.
