According to RER, BigRentz announced that it had closed $15 million in private financing that would allow it to expand its rental category and maintain business continuity. The investment was used for the acquisition of the Atlanta-based Equipment Management Group (EMG) and the previously announced merger with Lizzy Lift. The financing comes from private investors and the new lead investor Itochu Corp. Global Fortune 500 company with assets totalling more than $90 billion
BigRentz is an online construction equipment rental market. Our 2,500+ rental partners and 8,500+ partner locations are the largest equipment rental network in the nation. We simplify the procurement and logistics challenges for the rental of construction equipment
Please note that this piece of work originally appeared in English at https://www.vcnewsdaily.com/BigRentz/venture-funding.php. As Investocracy aims to bring global startup news and updates in both English and Japanese to you, it’s important that we attribute original source to you. If you have any questions/concerns please write to us at contact@investocracy.co
