Location Thomas has been acquired by Sunbelt Rentals

September 2025 — Location Thomas has been acquired by Sunbelt Rentals, the Canadian division of Ashtead Group plc, as part of Sunbelt’s continued expansion in Québec and across Canada. The acquisition strengthens Sunbelt’s presence in Québec and supports its strategy of growing through the integration of well-established regional players with strong customer relationships and specialized equipment offerings.

Location Thomas is a Greater Montreal-based equipment rental company with over 45 years of experience and leadership spanning four generations. Operating from branches in Varennes and Chambly, the company provides a wide range of tools and equipment for construction, renovation and landscaping. Serving both individuals and contractors, Location Thomas is recognized for its reliable fleet, customer-first approach and long-standing reputation as a trusted regional partner.

Sunbelt is one of North America's largest equipment rental companies, providing a broad range of construction, industrial and specialty equipment to commercial, industrial and municipal clients. A subsidiary of UK-based Ashtead Group plc, Sunbelt operates an extensive branch network across Canada and the USA. The company pursues both organic growth and strategic acquisitions to expand its geographic footprint and service offerings.

Our role in the transaction

Oaklins’ team in Canada acted as the exclusive sell-side financial advisor in this transaction.

Service

M&A sell-side

Parties

“From the very beginning, the Oaklins Canada team showcased its strong expertise in mergers and acquisitions in the equipment rental sector, making each step of the process clear and efficient. Their constant support greatly contributed to simplifying a process as important as the sale of our family business. We are particularly grateful that they were able to identify the ideal buyer to ensure the succession and continuity of Location Thomas. Thanks to their rigor and commitment, the transition to Sunbelt was carried out quickly and in a climate of trust.”

Nathalie Thomas

Owner, Location Thomas Inc.

Talk to the deal team

Sebastien Nadeau

Managing Partner

Montreal, Canada
Oaklins Canada

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