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WillScot Mobile Mini Acquires McDonald Modular Solutions In Midwest

WillScot Mobile Mini Holdings Corp (NASDAQ:WSC) closed the acquisition of McDonald Modular Solutions, adding ~1,300 modular units and over 300…
byAkanksha Bakshi
December 14, 2021
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  • 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.
 
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