StorageVault does $50 mln in deals, negotiating $45 mln more

StorageVault Canada Inc has agreed to acquire the self-storage assets of a Calgary-based business for $14.9 million. The deal, expected to close by October 31st, brings the company's announced and closed deals in fiscal 2016 to about $50 million. StorageVault said it is also in negotiations with Access Self Storage Inc, a StorageVault shareholder, to buy about $45 million of assets in Ontario and Québec. Based in Regina, StorageVault is an owner and operator of storage facilities across Canada. It is a portfolio investment of SaskWorks Venture Fund, an affiliate of Canadian private equity firm PFM Capital.

3 August 2016•6 mins read
StorageVault Canada Inc
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