Kitchens To Go
Our team advised Kitchens To Go on its sale to McGrath RentCorp (NASDAQ: MGRC).
Transaction Details
Sell-Side Advisor
Year: 2021
Hedquarters: Naperville, IL
Client: Kitchens To Go
Industry: Business Services
Website: www.kitchenstogo.com
Overview
Completed by the Vantage Investment Banking team under a prior firm, Kitchens To Go (“KTG”), a leader in providing interim and permanent food service facilities and equipment, has been acquired by McGrath RentCorp (NASDAQ: MGRC).
About Kitchens To Go
Based in Naperville, Illinois, Kitchens To Go is a leader in providing interim and permanent food service facilities and equipment to companies seeking to continue or expand commercial kitchen operations. Leading small to complex projects encompassing mobile, modular, and containerized commercial kitchen rental units, KTG provides alternatives that keep foodservice operations uninterrupted across a variety of market sectors including hospitality, restaurant, educational institutions, healthcare & senior living facilities, and governmental agencies, amongst others. KTG has established a strong industry reputation for its ability to provide either interim commercial kitchen facilities via short-term leasing solutions or permanent kitchen facilities through the design & production of custom-built modular buildings.
About McGrath RentCorp
McGrath RentCorp is a diversified business-to-business rental company based in Livermore, California, that rents and sells relocatable modular buildings, portable storage containers, and electronic test equipment across North America through four primary segments: Mobile Modular, Portable Storage, TRS-RenTelco, and Enviroplex. McGrath’s solutions help customers meet temporary and long-term space and equipment needs without the burden of ownership, backed by over 40+ years of customer-centric service.
