REIC gets private equity growth boost

US private equity firm Kinderhook Industries, LLC has acquired rental consolidator Rental Equipment Investment Corporation (REIC), in conjunction with its founder and CEO Kevin Fitzgerald. The financials were not disclosed.

Founded in 2014 and based in Kalispell, Montana, REIC operates from 32 locations from the Upper Midwest to the Pacific Northwest. It has grown through multiple acquisitions.

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