CRS is a leading provider of rental, sales and related services for construction equipment throughout the province of Ontario. Over the life of the investment, Clairvest and CEP IV achieved an internal rate of return (« IRR ») of 31%. The sale has a positive impact on Clairvest`s value per share of approximately $0.17 relative to its book value as at March 31, 2017. « By investing alongside CRS` management team as an equity partner, Clairvest has maintained the service-oriented mindset that CRS has always differentiated in the marketplace, » commented Steve Fay, President of CRS. « Clairvest`s contributions included developing a robust platform for security, finance, technology and talent management. They also emphasized an aggressive investment culture and high return on investment for our rental fleet. I am very proud of what we have accomplished together. We are here to ensure that your project is not interrupted in any way. So, allow us to make the process smoother by eliminating the unnecessary stress associated with rental equipment. Since Clairvest partnered with CRS`s founders and management team in February 2013, the company has significantly expanded its rental fleet, branch network and EBITDA, while maintaining a constant focus on world-class customer service. In addition to equipment rental, you can also count on us to provide a good range of solutions and services to ensure proper operation on the construction site. Our trusted professionals have been trained to provide valuable continuous readingOur services Congratulations to CRS Contractors Rental Supply (« CRS ») for their 15 years of in-store existence.
It is one of the largest rental companies in Ontario and has been a distributor of CPD building products since day one. Contact Maria Klyuev Director, Investor Relations and Marketing Clairvest Group Inc. Tel.: (416) 925-9270 Fax: (416) 925-5753 mariak@clairvest.com Unfortunately, we do not have detailed information about the company`s offer and products, so we recommend that you contact us by phone: +1416-406-0111 Use the geographical coordinates of the company`s location: 43.653586, -79.324346 to easily access the address provided via GPS navigation. « Our successful partnership with CRS is an excellent example of Clairvest`s investment approach. The management team has been heavily invested and this ownership culture has created a competitive advantage for CRS, » said Mitch Green, Ceo of Clairvest. « We are proud of the results of the entire CRS team and are pleased that the company continues to thrive with Sunbelt, » added Mr. Green. Are you the owner of this business? If so, don`t miss the opportunity to update your company profile, add products, offers, and a higher position in search engines. Elevators 10` Electric Scissors 12` Electric Scissors 15` Electric Scissors 16` Vertical Poles Lifts 19` Electric Scissors 20` Electric Scissors 20` Vertical Pole Cylinders 20` Vertical Pole Lifts 25` Vertical Pole Lifts 26` Read MoreRental Equipment The founders, a group of industry veterans, have built and maintained a reputation for the best customer service in the industry with their team.
CRS has grown significantly since its humble beginnings in 2000 and today employs more than 300 people in 26 locations in Ontario, Canada. Catalyst Strategic Advisors acted as exclusive strategic and financial advisor to CRS and its Board of Directors in connection with this transaction. Like CPD, CRS is a proud Canadian company. We share a similar philosophy towards our customers; They are more than a number for us – they are friends and neighbours who work hard and maintain and improve Ontario`s infrastructure. We take the extra time to get to know our customers personally and make their experience 100% worry-free. The industry in which CRS Contractors Rental Supply operates is the supplier of drilling equipment. The country where CRS Contractors Rental Supply is located is Canada, while the company`s head office is in Toronto. We are proud to work with such a great company and look forward to many more years together.
Toronto, Ontario (August 1, 2017) – Clairvest Group Inc. (TSX: CVG) (« Clairvest ») announced today that it and Clairvest Equity Partners IV (« CEP IV ») have completed the sale of their shares in CRS Contractors Rental Supply (« CRS ») to Sunbelt Rentals of Canada Inc. of Ashtead Group plc. . . .
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