BlueLine Rental Acquires Capital Rentals, Expands Footprint into Washington, D.C.
BlueLine Rental completed the acquisition of Capital Rentals on Thursday, July 13, 2017. Founded in 1969, Capital Rentals is a full-service rental provider serving customers in Northern Virginia. The company has built a reputation of quality service, with longstanding and loyal customer relationships.
The five-location operation expands BlueLine’s footprint into the region and enters the company into the Washington, D.C., market, an area that ranks among the top ten MSAs for rental revenue, as ranked by IHS Global in 2016.
According to BlueLine CEO, Asterios Satrazemis, with Capital Rentals operating independently for nearly 50 years, the organization aligns closely with the BlueLine’s culture. “At BlueLine we believe our heart of an independent is what sets us apart from other large competitors. Today we strengthened our team and improved our density in Washington D.C., ultimately positioning us to better serve our customers in the market.”
Catalyst Strategic Advisors, LLC served as the exclusive adviser to Capital Rentals.
For more info on BlueLine Rentals, click this link. Even though it’s not blue.
