Location Thomas has been acquired by Sunbelt Rentals

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.

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

Guillaume Poulin

Managing Partner

Toronto, Canada
Oaklins Canada

View profile Get in touch

Related deals

Novedo AB has acquired Uudenmaan Korjausrakentajat Oy

Construction & Engineering Services

Novedo AB has acquired Uudenmaan Korjausrakentajat Oy

Novedo AB has acquired Uudenmaan Korjausrakentajat Oy, strengthening its presence in Finland and creating new opportunities for expansion.

Learn more

Human design Group has completed a secondary LBO alongside Ciclad and Grand Sud-Ouest Capital

Private Equity | Aerospace, Defense & Security | Business Support Services | Energy

Human design Group has completed a secondary LBO alongside Ciclad and Grand Sud-Ouest Capital

Human design Group has successfully finalized a secondary leveraged buy-out (LBO) alongside its majority shareholder Ciclad and new minority investor Grand Sud-Ouest Capital (GSO Capital). The transaction strengthens the company’s management shareholding, welcomes a new regional private equity partner and enables Ciclad to realize partial liquidity while retaining a majority stake.

Learn more

Kollabo AG has been acquired by enovetic AG

Business Support Services | TMT

Kollabo AG has been acquired by enovetic AG

The acquisition of Kollabo AG by enovetic AG has been successfully completed. With enovetic, Kollabo has found an ideal partner to support its future growth and development.

Learn more