R&R Group Idaho has acquired the assets of A-1 Rental, an equipment rental company with locations in Rexburg and Idaho Falls, Idaho.
R&R Group Idaho is owned by Troy Roper and is affiliated with R&R Rentals, a three-location equipment rental company located in the greater Seattle area.
“We’ve been looking for other equipment rental opportunities in adjacent states and when Fred brought this to us, it was just what we were searching for,” Roper said. “We look forward to growing this outstanding business that Wes built.”
Wes Thompson, owner and operator of A-1 Rental, grew up in the business, which began in 1987. In 2009, Thompson bought the business from his father, Wayne. A-1 also has a porta-potty division that was part of the acquisition.
“We are thrilled to have sold our business to an independent and Troy has a proven track record of growing rental companies. It’s a great fit and I’m confident they can take what we’ve built and grow it from here. I’d also like to thank Fred Hageman of Rental Business Advisors for his handling of the entire process and making this deal possible. He brought us several buyers,” Thompson said.
The company will continue to be operated as A-1 Rental. All employees have been retained and Thompson will stay on for a one-year transition period.
Fred Hageman of Rental Business Advisors represented A-1 Rental in the transaction.
Terms of the transaction were not disclosed.