Dec. 12, 2021
Sunbelt Rentals, Fort Mill, S.C., has acquired Mahaffey USA, Memphis, Tenn. Terms of the deal have not been released.
Mahaffey USA has been in business for nearly 100 years and is a leader in temporary and semi-permanent structures. The company has provided solutions for base camps for the military, warehouses and storage for clients needing on-site space quickly, site covers for the construction industry and production space for manufacturers. Customers include FedEx, Fluor, the U.S. Army, BP, Exxon, Ford, Toyota, Nissan and Pfizer.
While Mahaffey USA is commercial- and industrial-focused, the consumer event-focused Mahaffey Event and Tent Rentals is not part of the transaction and will remain a standalone business serving the special events market in Memphis and the Mid-South.
“We are excited about this partnership that signals a big, bright future for Mahaffey USA,” said William Pretsch, chairman of the board. “The large structures we’re famous for are the perfect complement to the broad lineup of products and specialty services Sunbelt Rentals provides. Selecting the right buyer was an important part of the process for our family business. We have worked closely with Sunbelt over the years, and their reputation for doing what they say they are going to do went a long way in helping us make our decision.”
Because the business is unlike anything else at Sunbelt, Mahaffey USA will retain its leadership team and Memphis support center. George Smith, president of Mahaffey USA, will remain with the company to ensure a smooth transition.
“This is a proud day for the employees of Mahaffey,” said Smith. “Together we have built a business that attracted the attention of the country’s leading equipment rental company. Our associates at every level have contributed to this phenomenal success, and I am excited for them. This is a tremendous opportunity for our people and our company to continue the incredible growth we have experienced over the last decade.”
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