Skytec Rentals has been acquired by Simplex Equipment Rental

The shareholders of Skytec Rentals have sold the company to Simplex Equipment Rental.

Founded in 2012, Skytec Rentals is a privately owned equipment rental company that specializes in aerial work platforms. It provides a wide selection of high-quality and well-maintained equipment, including scissor lifts, boom lifts, personnel lifts and telehandlers. With a knowledgeable team and flexible rental options, Skytec Rentals has firmly established its position in Ontario, Canada.

Established in 1907, Simplex Equipment Rental is a prominent equipment rental company in Canada, offering an extensive collection of over 55,000 diverse products available for rent. With a robust presence in the industry, Simplex operates through a network of 34 branches and 11 mechanical shops, and has a dedicated workforce exceeding 500 employees, serving the regions of Quebec and Ontario.

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