29 Jun Stansberry represents Portable Rental & One Source Cooling in Acquisition by Sunbelt
The Stansberry Firm proudly represented Portable Rental Solutions (PRS) and its sister company One Source Cooling (OSC) in their recent acquisition by Sunbelt Rentals. PRS, a specialty HVAC rental company was founded in 2002 by industry veteran Mr. Austin McCourt.
With locations in Dallas/Fort Worth, Houston, San Antonio, Austin and Waco, Texas, PRS provides portable cooling, heating, dehumidifiers and filtration systems while OSC, the sales arm of PRS, is the exclusive North American distributor of the Airrex brand of spot coolers, heat pumps and filtration systems.
The Stansberry Firm began working with PRS and OSC in 2013, providing Operational Consulting with the ultimate goal of preparing the Companies for future sale. Mr. McCourt will remain with Sunbelt for a transition period. He says of his experience with The Stansberry Firm:
We originally retained The Stansberry Firm three years ago to streamline and perfect my business with a long-term goal of attracting a buyer. We implemented their suggestions and earlier this year, when I was approached by two potential buyers, I asked them to step in to guide me through the process; they also identified several other potential buyers and guided me through the steps necessary that lead to the sale of my business. I am pleased we found a buyer who will allow my management team to grow and prosper as well as offer my customers a broader range of products while retaining a high level of customer service.
Gary and Carolyn are both straight forward, honest, and true professionals. I would highly recommend the Stansberry Firm if you are considering selling your business or just want a true evaluation of what changes need to made in your business.
The Stansberry Firm offers operational consulting services, designed for companies that are looking for a fresh perspective and analysis of their business in order to maximize cash flow from operations. These services may be applicable to companies that are looking to optimize their operating results with a future sale in mind or a company that is just looking to improve their financial performance.
Gary Stansberry and Carolyn Stansberry specialize in Business Sale Representation, having experience from both the buyer’s and seller’s side. The Stansberry Firm team has completed over 110 business sale transactions ranging from under $1 million to over $100 million in value. Since 2011, The Stansberry Firm has successfully closed over $185 million in transaction value with national and local strategic buyers as well as private equity.
Contact The Stansberry Firm to begin your free, confidential consultation.