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WillScot Holdings Corp (WSC) delivers innovative modular space solutions for construction, healthcare, education, and industrial sectors. This news hub provides investors and industry professionals with essential updates on corporate developments, operational milestones, and market leadership in temporary infrastructure solutions.
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WillScot Mobile Mini Holdings Corp. (WSC) has acquired Allied Office Trailers and Storage Containers, enhancing its fleet by approximately 8,000 rental assets. This strategic acquisition expands WillScot's operations in the eastern United States, positioning it to better serve strong market demand. CEO Brad Soultz emphasizes the deal's benefits, including increased product offerings and logistics capabilities for Allied customers. The company continues to cater to a broad range of sectors across North America from over 280 locations.
WillScot Mobile Mini Holdings Corp. (WSC) announced the acquisition of Container Solutions' dry rental storage fleet based in Concord, California. This strategic move adds approximately 1,200 portable storage containers and mobile offices to WSC's existing fleet. Container Solutions will retain its refrigerated and temperature-controlled rental fleet. This acquisition enhances WillScot's position in the modular space and portable storage market, expanding their service offerings across diverse end markets.
WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) announced that CEO Brad Soultz and Sr. Director of Treasury & Investor Relations Nick Girardi will present and hold private investor meetings at the DA Davidson Diversified Industrials & Services Conference in Nashville, Tennessee, on September 22, 2022, at 2 p.m. CT. The company is a leader in modular space and portable storage solutions, with operations across the U.S., Canada, Mexico, and the U.K.
With approximately 280 branch locations, WillScot Mobile Mini serves diverse markets, emphasizing its innovative workspace solutions.
WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) announced that its President and CFO, Tim Boswell, along with Senior VP Finance Matt Jacobsen, will present and host private investor meetings at the Deutsche Bank Leveraged Finance Conference. This event is set for September 20, 2022, in Scottsdale, Arizona, with the presentation commencing at 7:40 a.m. PT. WillScot Mobile Mini is a leader in modular space and portable storage solutions, serving a diverse range of markets across North America and beyond.
WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) announced that its President and CFO, Tim Boswell, along with Senior VP Matt Jacobsen, will present at the Morgan Stanley Laguna Conference in Dana Point, California, on September 14, 2022, at 1:25 p.m. PT. The Company is based in Phoenix, Arizona, and is a leader in modular space and portable storage solutions across various sectors with a network of around 280 locations in North America and the UK.
WillScot Mobile Mini Holdings Corp. (WSC) announced participation in the RBC Capital Markets Global Industrials Conference on September 13, 2022. Tim Boswell, President and CFO, along with Matt Jacobsen, SVP Finance, will present at 1:20 p.m. PT. The company is a leader in modular space and portable storage solutions, serving diverse sectors with approximately 280 branch locations across North America, Canada, Mexico, and the UK. For further details, visit www.willscotmobilemini.com.
Kinderhook Industries announced an agreement to acquire 100% of Gulf Tanks Holdings, Inc. from WillScot Mobile Mini Holdings Corp. for $323 million. The deal, pending regulatory approval, is expected to close in Q3 2022 and marks Kinderhook's 79th transaction in the environmental services sector. Tank and Pump, based in Baytown, Texas, specializes in logistics for liquid and solid waste management, operating 24 branches and a fleet of 16,000 rental assets. Eric John will lead the new platform as CEO, focusing on growth through fleet investments and acquisitions.
WillScot Mobile Mini Holdings Corp. (WSC) has announced the divestiture of its Tank and Pump segment to Kinderhook Industries for approximately $323 million. The proceeds will support reinvestment in the core Modular and Storage sectors. The transaction, which is contingent on regulatory approval, is expected to close in Q3 2022. CEO Brad Soultz mentioned that the sale aligns with the company's strategy to focus on growth in its primary segments. Eric John will lead the newly independent Tank and Pump company under Kinderhook's ownership.
WillScot Mobile Mini Holdings (WSC) reported strong Q2 2022 results, with revenue of $582 million, net income of $73 million, and Adjusted EBITDA of $233 million. The company closed six acquisitions year-to-date, contributing to its growth strategy. Cash from operations reached $188 million, with a free cash flow margin of 12%. WSC raised its full-year 2022 Adjusted EBITDA outlook to $900-$940 million, reflecting a 22%-27% increase from 2021. The board authorized $1 billion in share repurchases, highlighting a commitment to returning value to shareholders.
WillScot Mobile Mini Holdings Corporation (Nasdaq: WSC) announced it will release its second quarter 2022 financial results on August 3, 2022, after market close. CEO Brad Soultz and CFO Tim Boswell will host a conference call on August 4, 2022, at 10 a.m. EDT to discuss the results. Investors can access the live call at (800) 715-9871, and a webcast will also be available on the company's website. WillScot specializes in flexible workspace and portable storage solutions with around 275 locations across the U.S., Canada, Mexico, and the UK.