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WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) is a prominent business services provider headquartered in Phoenix, Arizona. Specializing in innovative and flexible temporary space solutions, WillScot Mobile Mini combines over 50 years of experience with a diverse range of products to meet the needs of various industries.
The company operates primarily in two segments: Modular Solutions and Storage Solutions. The Modular Solutions segment, which generates the majority of the company's revenue, includes modular office complexes, mobile offices, classrooms, temporary restrooms, clearspan structures, and blast protective and climate-controlled units. In addition, their Storage Solutions segment offers portable storage containers, climate-controlled storage units, and a thoughtfully curated selection of furnishings, appliances, and other turnkey services.
WillScot Mobile Mini serves a wide array of markets, including construction, education, energy, industrial, commercial/retail, healthcare, and government sectors. The company boasts a robust network of approximately 240 branch locations and additional drop lots across the United States, Canada, and Mexico, allowing them to ensure timely and efficient service.
Recent achievements highlight the company's strong financial performance and strategic growth initiatives. In Q3 2023, WillScot Mobile Mini reported record Free Cash Flow of $148 million, driven by robust pricing and Value-Added Products (VAPS) penetration. The company also successfully reinvested $494 million in tuck-in acquisitions, enhancing its portfolio with North America's leading cold storage leasing platform and a premium large clearspan structures platform, positioning it for continued growth.
Moreover, WillScot Mobile Mini recently announced a definitive agreement to acquire McGrath RentCorp, a transaction expected to close in the second quarter of 2024. This acquisition aims to expand the company's geographic footprint and diversify its platform, thus providing enhanced value to more than 85,000 customers.
For further information, visit the company’s website at www.willscotmobilemini.com.
WillScot Mobile Mini Holdings (Nasdaq: WSC) will announce its fourth quarter and full year 2020 financial results on February 25, 2021, after market close. The CEO, COO, and CFO will conduct a conference call on February 26, 2021, at 10:00 a.m. EST to discuss these results. The call can be accessed via phone or live webcast, available for 60 days post-event. WillScot Mobile Mini, a leader in modular space and portable storage solutions, operates approximately 275 locations across North America and the UK, with a fleet exceeding 350,000 units.
WillScot Mobile Mini Holdings Corp. (WSC) is set to engage in virtual private meetings at the Barclays Industrial Select Conference on February 16, 2021. CEO Brad Soultz and CFO Tim Boswell will present at 12:10 p.m. EST. As a leading provider of modular space and portable storage solutions in North America, WillScot Mobile Mini operates 275 locations with a fleet of over 350,000 units. The company was formed in 2020 from the merger of established brands and serves diverse sectors including construction, healthcare, and government.
WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) reported strong third-quarter 2020 results post-merger with Mobile Mini, showing a 55.6% revenue increase to $417.3 million. Adjusted EBITDA rose 87.2% to $163.6 million, benefiting from Mobile Mini's addition and a 14.8% organic growth in the NA Modular segment. Despite $64.1 million in merger costs, the company generated $91.3 million in free cash flow and reduced leverage to 3.9x adjusted EBITDA. The outlook for 2020 has been adjusted positively, reflecting the robust financial health and future growth potential of the combined entity.
WillScot Mobile Mini Holdings (WSC) will host virtual meetings and a fireside chat at Credit Suisse’s 8th Annual Virtual Industrials Conference on December 2, 2020. CEO Brad Soultz and CFO Tim Boswell will lead the discussion at 1:50 p.m. EST. This conference aims to promote the company’s turnkey modular space and portable storage solutions. WillScot operates around 275 locations across North America, the UK, and Mexico, with a fleet of over 350,000 units. The company focuses on providing efficient, cost-effective space solutions across diverse sectors including construction, healthcare, and education.
WillScot Mobile Mini Holdings (WSC) announced that CEO Brad Soultz and CFO Tim Boswell will host virtual meetings and a fireside chat at Berenberg's US CEO Conference on November 13, 2020. The chat, scheduled for 11:00 a.m. EST, is by appointment only. WillScot Mobile Mini, formed in 2020, leads the North American market in turnkey modular space and portable storage solutions, with a fleet of over 350,000 units across 275 locations in the U.S., Canada, Mexico, and the U.K. The company serves various sectors, providing efficient and cost-effective space solutions.
WillScot Mobile Mini Holdings (WSC) will host virtual meetings and a fireside chat at Baird’s 2020 Global Industrials Conference. CEO Brad Soultz and CFO Tim Boswell will lead the discussions on November 11 and 12, 2020. WillScot Mobile Mini, a leader in modular space and portable storage solutions, operates around 275 locations across North America, with a fleet exceeding 350,000 units. The company focuses on efficiently providing temporary space solutions, enhancing productivity for diverse sectors.
WillScot Mobile Mini Holdings Corporation (Nasdaq: WSC) will release its third quarter 2020 financial results on November 5, 2020, after market close. A conference call will follow on November 6, 2020, at 10:00 a.m. EST, hosted by CEO Brad Soultz, COO Kelly Williams, and CFO Tim Boswell. Investors can access the call by dialing (855) 312-9420 (US/Canada) or (210) 874-7774 (International) and via a live webcast on the company’s website. An archived version will be available for 60 days post-call.
WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) announced that CEO Brad Soultz and CFO Tim Boswell will hold virtual investor meetings at D.A. Davidson’s Diversified Industrials & Services Conference on September 22, 2020. The company, a leader in modular space and portable storage solutions, provides services across various sectors, including construction and healthcare. With around 275 locations and a fleet exceeding 350,000 units, WillScot aims to enable efficient and cost-effective space solutions for its diverse customer base.
WillScot Mobile Mini Holdings (Nasdaq: WSC) announced that CEO Brad Soultz and CFO Tim Boswell will host virtual meetings with investors on September 15, 2020, during Morgan Stanley’s Virtual 8th Annual Laguna Conference. The meetings are by appointment only. WillScot is a leading provider of turnkey modular space and portable storage solutions in North America, formed in 2020 from a merger of two market leaders. The company operates across 275 locations with over 350,000 units available for lease across various sectors.
WillScot Mobile Mini Holdings Corp. (WSC) announced the pricing of $500 million in 4.625% senior secured notes due 2028. Proceeds will be used to redeem $441 million of its 6.875% senior secured notes due 2023. This follows a previous redemption of 10% of these notes. The offering is aimed at qualified institutional buyers and will close on August 25, 2020, pending customary conditions. The company may use any remaining funds for working capital or to repay part of WSII's existing credit facility.
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