American Trailer Rental Group (ATRG) has completed the acquisition of Advantage Trailer Leasing (Advantage), based in Dallas, with operations in Houston, San Antonio, Austin and Longview.
“Today’s announcement represents our fourth acquisition since [equity sponsor] Milton Street’s formation of the American Trailer Rental Group in June of 2017. This event, coupled with our greenfield initiatives, brings our total number of rental locations to 10 and our rental fleet is now approaching 13,000 units,” says ATRG CEO John Brooks.
“With the acquisition of Advantage, we continue our quest to be the provider of choice serving blue chip customers across a multitude of geographies and industries with high quality storage, cartage and over the road trailers as well as other portable storage options,” Brooks says. “We are excited to join the Texas business community and its vibrant economy. Texas is an excellent location for our continued growth due to its importance to our existing customer base and our nation’s economy.”
Garrett Vilven, shareholder, Advantage Trailer, and now vice president of ATRG container operations, says, “We can’t say enough about how excited we are to be welcomed into the ATRG family. As business owners with over 35 years’ experience in the trailer leasing business, [brother] Richard and I were delighted to find a group that allows us to maintain operations independently, retain all of our employees and continue the excellent service that has been a vital part of making us who we are today. As part of the ATRG family we are better capitalized, have greater access to high quality equipment and a larger customer base to serve.”
