22 Jun MSP Represented by Stansberry in Acquistion by Sunbelt
The Stansberry Firm proudly represented MSP Equipment Rentals in its recent acquisition by Sunbelt. MSP was founded in 1995 by Mr. Mike Cassidy to service the significant construction and industrial markets of Delaware, southern New Jersey and northern Maryland. The Company primarily rents reach forklifts, boom lifts and scissor lifts from its New Castle, DE hub and Laurel, DE satellite location.
The MSP operations team will remain with Sunbelt as Mr. Cassidy will focus on other business interests. Mr. Cassidy said of his experience working with The Stansberry Firm:
The Stansberry Firm immediately got my attention at our initial meeting and tour of my facilities. It was apparent that they had an industry focus that was lacking in other M&A firms that I had previously met with. The Stansberry Firm’s blend of industry, operational, financial and equipment expertise greatly streamlined the process and resulted in multiple bona fide offers.
Read the press release in RER here.
The Stansberry Firm specializes in Business Sale Representation, Operational Consulting and Fair Market Business Valuations. Since 2011, The Stansberry Firm has closed numerous transactions with strategic national and local buyers and private equity. See our select transactions and a list of our transaction history for more information. For many business owners, now may be a good time to explore the sale of your business. Please contact us if you are seeking advice on the value and marketability of your company.