Renta
Status
Current
Country
Finland
Strategy
Mid Cap
Sector
Entry
Feb-22
Fund
IK IX
Website
News
Renta Acquires Tornby ByggmaskinerRenta Acquires Tunnelling Infrastructure Asse...Renta Acquires ContainertechRenta acquires Tunnel SupportRenta Acquires RondellenRenta acquires Scaffolding GroupRenta acquires Jelle-BoRenta acquires YIT Kalausto Oy and signs a co...Renta acquires OhikoRenta acquires GustafssonsRenta acquires MyliftRenta acquires Del-PinRenta acquires PohjanväreRenta acquires HyrpoolenRenta acquires Høyde-ServiceRenta acquires UprentRenta acquires UtleiesenteretRenta acquires LohkeRenta acquires L&E MaskinIK Partners to acquire Renta Group
Full-service machine and equipment rental company
Renta ("the Company") is a full service equipment rental company offering construction machines & equipment, modular on-site facilities, scaffolding and weather protection, as well as related on-site services. The Company was founded in 2015 when three smaller local Finnish rental players merged to form the basis of Renta’s organisation in Finland, which has since grown into the Nordics and Poland through greenfield expansion and M&A.
Today, the Company operates around 190 depots serving a large pool of customers across a wide range of industries including construction, renovation, infra, industry and services.
IK Partners acquired Renta from Intera Partners alongside management and reinvesting employees.
What Attracted Us to the Business
- Leading market positions in covered geographies
- Decentralised, local and customer-centric business model
- Industry leading digital capabilities enabling a high utilisation of the modern and young fleet
Our Value Creation Strategy
We are working alongside management to:
- Continue growing nationwide depot coverage and roll out digital solutions in all home markets;
- Strengthen Renta's service offering in existing markets through M&A and continued development of digital platform; and
- Enter new markets to establish Renta as a leading European rental player.
Quote from Renta
“We all have a lot to do in developing our digital and sustainable rental services, together with expanding operations to new geographies. I’m convinced that IK, with their international network, is the perfect partner for Renta as we embark on the next stage of development.”
Kari Aulasmaa, Chief Executive Officer
