Seafort's G. Cooper Equipment Rentals to acquire City Rentals

G. Cooper Equipment Rentals Ltd has agreed to acquire all of the shares of City Rentals Inc, a full-service construction equipment rental company, serving contractors in the Greater Toronto Area. The undisclosed transaction is expected to be completed by the end of November. The Toronto-based G. Cooper Equipment Rentals, which operates in the same sector niche as City Rentals, is a portfolio company of Canadian private equity firm SeaFort Capital. The Halifax-based SeaFort, which was launched last year, made a majority investment in the company in June 2013.

DealsCanadaNorth AmericaBriefs