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Stephenson's Opens Niagara Falls Branch

Rental Equipment Register, Jun 1, 2008

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Mississauga, Ontario, Canada — Stephenson's Rental Services announced the extension of its branch network into the Niagara Region with a new location, which opened May 1 in Niagara Falls, Ont. The 8,000-square-foot facility will enhance Stephenson's ability to serve its broad customer base across Southern Ontario.

Stephenson's unique hub and spoke distribution network currently operates with 19 locations throughout Southern Ontario.

“Our branch footprint offers contractors across Southern Ontario access to a Stephenson's Rental within 30 minutes,” said president and CEO Willie Swisher. “When contractors need to get it done quick and easy, no other rental company compares to our depth and breadth of product offerings and service levels.”

Stephenson's is one of Canada's leading equipment and tool rental companies. Through its branches, Stephenson's provides rental equipment and sells consumables to a diverse base of more than 30,000 customers, divided into three primary categories: (i) residential new construction; (ii) non-residential new construction; and (iii) renovations.

In July of 2007 EdgeStone Capital Partners, one of Canada's leading private equity managers, became the principal shareholder of Stephenson's Rental Services. EdgeStone plans to invest and support future Stephenson's growth initiatives whether it be fleet expansion, new market penetration, or key strategic competitor acquisitions.

Stephenson's Rental Services is No. 34 on the RER 100.



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