Brownie Foster’s Post

"COOPER EQUIPMENT RENTALS ANNOUNCES ACQUISITION OF ACTION EQUIPMENT RENTALS March 19, 2024 TORONTO, March 19, 2023 – Cooper Equipment Rentals Limited (“Cooper”), the leading Canadian-owned and operated construction equipment rental company, is pleased to announce the completed transaction to purchase 100% of the shares of Red Deer, Alberta-based Action Equipment Rentals Inc. (“Action”). Action was formed in 1991 by Reginald Bloomfield and his father Ray Bloomfield in Sundre, Alberta to serve the Central Alberta Market. The company opened a second location in Red Deer about a year later. In 2015, Action consolidated operations in Red Deer, and under the leadership of General Manager, Gabriel Castella-Chin      embarked on an ambitious plan to renew their rental fleet and grow their market share. Action’s focus has always been to “put customers first” which aligns perfectly with Cooper’s core values. “Joining a Canadian-owned company with an excellent reputation was important in our decision to join the Cooper family. We are looking forward to continuing to serve Central Alberta with the benefits and resources that allow us to expand our presence and continually improve our already excellent service,” stated Gabriel Castella-Chin, General Manager, Action. “Action’s prime location and facility in Red Deer intensifies our coverage in the important Alberta market, and their strong presence in Alberta enhances our ability to serve customers better in Western Canada,” said Lee Briscoe, Regional Manager, Cooper. “I was once told that if you build it, they will come. That was our charge for Action Rentals from the start, and this is the next natural step going forward. Cooper will take what we built and continue to build so they will come. And if we treat them right, they will stay,” said Reginald Bloomfield, Founder, Action. Action joins the Cooper family as the Red Deer branch and will continue to be led by Gabriel Castella-Chin, supported by a team of experienced, loyal, and dedicated Action employees. “Action has built a fine business with a reputation for quality and integrity in the construction equipment industry, and we are proud to welcome them into the Cooper family as we continue to grow our Company across Canada,” said Doug Dougherty, CEO, Cooper. About Cooper Equipment Rentals Established in 1972, Cooper Equipment Rentals Limited is a full-service construction equipment rental company, servicing contractors across Canada. With more than 75 branches in six provinces, Cooper specializes in the rental of compact, aerial, heavy construction, pump and power, and trench safety equipment, while providing a wide range of supplies, along with unparalleled service and support.

Rentco Transport Equipment Rentals Pty Ltd offers a comprehensive range of transport equipment rental solutions, including flexible short, medium, and long-term rental options. Our long-term lease agreements are designed to meet the evolving demands of businesses, offering customised solutions and operational efficiency. Here's why choosing a long-term lease with Rentco can benefit your business: 𝗞𝗲𝘆 𝗔𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲𝘀 𝗼𝗳 𝗟𝗼𝗻𝗴-𝗧𝗲𝗿𝗺 𝗟𝗲𝗮𝘀𝗲𝘀: 𝟭. 𝗖𝗼𝘀𝘁 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆 Long-term leases provide competitive pricing, offering substantial savings compared to short-term rentals. Fixed monthly payments allow businesses to manage expenses predictably over the lease period. 𝟮. 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗲𝗱 𝗘𝗾𝘂𝗶𝗽𝗺𝗲𝗻𝘁 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 Each lease can be tailored to meet the unique operational needs of your business, ensuring the equipment provided aligns with your long-term objectives. 𝟯. 𝗥𝗲𝗱𝘂𝗰𝗲𝗱 𝗗𝗼𝘄𝗻𝘁𝗶𝗺𝗲 Our long-term leases come with dedicated maintenance support, minimising the risk of unexpected breakdowns and ensuring that your equipment is always in optimal working condition. 𝟰. 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗖𝗼𝗻𝘁𝗶𝗻𝘂𝗶𝘁𝘆 Secure critical equipment for the long haul, with the peace of mind that comes from stable, long-term agreements. There’s no need for frequent contract renewals or equipment swaps. 𝟱. 𝗠𝗼𝗱𝗲𝗿𝗻, 𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝘁 𝗙𝗹𝗲𝗲𝘁 Rentco guarantees access to the latest models, ensuring your fleet is up-to-date with industry standards, fuel efficiency, and regulatory compliance throughout the lease term. 𝟲. 𝗦𝗰𝗮𝗹𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗳𝗼𝗿 𝗚𝗿𝗼𝘄𝘁𝗵 Long-term leases offer the flexibility to adjust your fleet as your business grows, allowing you to scale up or down depending on operational needs without the burden of capital investment. 𝟳. 𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝗱 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗙𝗹𝗲𝘅𝗶𝗯𝗶𝗹𝗶𝘁𝘆 By leasing rather than purchasing equipment, you free up capital for other critical investments, improving overall liquidity and enabling better allocation of resources. 𝟴. 𝗙𝗹𝗲𝘅𝗶𝗯𝗹𝗲 𝗘𝗻𝗱-𝗼𝗳-𝗟𝗲𝗮𝘀𝗲 𝗢𝗽𝘁𝗶𝗼𝗻𝘀 When your lease ends, Rentco offers several options, including extending the current lease, upgrading to new equipment, or transitioning to another solution, ensuring your fleet continues to meet your business needs. By choosing a long-term lease with Rentco, you’re securing more than just equipment—you’re partnering for operational efficiency, financial flexibility, and long-term success. Speak to our Sales team today: Richard Bain - richard.bain@rentco.com.au Charlie Pamment - charlie.pamment@rentco.com.au Chris Berry - chris.berry@rentco.com.au Paul Scott - paul.scott@rentco.com.au #leasing #transport #rentals #rentco #trucking #logistics

Tired of manual processes, lost equipment, and cluttered data slowing down your construction rental business? 🚧 Read how EZRentOut helps you overcome top challenges with smart solutions like Bundles, Sublocations, and Custom Roles. 🔽 https://bit.ly/4hABFNa #RentalSoftware #InventorySoftware #EquipmentRental

8 Maintenance Tips for Rented Equipment Ensuring rented equipment remains in peak condition is crucial for any business, so we’ve gathered insights from CEOs and founders to provide their best maintenance tips. From scheduling regular inspections to conducting pre- and post-use inspections, explore these eight expert strategies to keep your rental equipment running smoothly. https://lnkd.in/g7HVwxaq Thank you for your insight: Riley H. Beam, Marc Bromhall, Tammy Sons, Gary Gray, David Rubie-Todd, Alex Freeburg, Gavin Yi, Todd Cleppe

8 Maintenance Tips for Rented Equipment Ensuring rented equipment remains in peak condition is crucial for any business, so we’ve gathered insights from CEOs and founders to provide their best maintenance tips. From scheduling regular inspections to conducting pre- and post-use inspections, explore these eight expert strategies to keep your rental equipment running smoothly. https://lnkd.in/giVrjzqm Thank you for your insight: Riley H. Beam, Marc Bromhall, Tammy Sons, Gary Gray, David Rubie-Todd, Alex Freeburg, Gavin Yi, Todd Cleppe

Handling maintenance on your rental property yourself can save money and give you control over the work, but it's often time-consuming and challenging without the right expertise. On the other hand, hiring a professional property manager ensures expert maintenance, 24/7 emergency response, and better tenant satisfaction. They also stay updated on legal compliance, saving you potential headaches and costly mistakes. While DIY maintenance may seem cost-effective initially, a professional manager provides long-term peace of mind and efficiency, making it a smart choice for your property. 🏠🔧 Learn more: https://lnkd.in/eYB-NAmx #PropertyMaintenance #LandlordTips #RealEstate

Yesterday morning, we had a meeting with the Property Management (PM) team. This is essentially the core team for the PM business that my colleagues and I are working on. Many people might not know what a Property Management (PM) company is. Let me explain. Take a condominium, for example. After the keys are handed over, the developer handles maintenance for a year or two. Gradually, the developer and residents form a Joint Management Body (JMB) to take over. Residents in the JMB are usually busy with their own jobs. The JMB roles aren't salaried positions, and even if there's an allowance, it's usually minimal. Yet, they have to handle a lot of responsibilities, such as: 1. Ensuring the collection of maintenance fees. 2. Managing regular and preventive maintenance. 3. Handling security, cleanliness, and aesthetics. 4. Managing income from renting out parking spaces, shops, ad spaces, halls, etc. 5. Ensuring everything complies with the relevant acts, as the JMB can be sued if it doesn't. 6. Appointing contractors for repair work. There are too many responsibilities with too little incentive for the JMB. A PM company must be licensed by LPPEH. They take over all the tasks mentioned above with minimal supervision from the JMB. In return, the PM company is paid a professional fee agreed upon by the JMB. The appointment is for a set period (usually at least one year) and can be extended. The PM company also provides staff such as a Building Manager, Building Executive, Technician, and Admin to be stationed permanently at the condominium (the size of the team is based on the needs and agreement with the JMB). The benefit of having a PM company is that the property is well-maintained, making it attractive to live in, which affects rental values and sale prices. In our company, we even have a Civil Engineer and a Building Surveyor in the team to support technical and engineering matters when it comes to maintenance. This ensures we don't get shortchanged by contractors. No more repairs that break down again shortly after. Do you see why having a PM company is essential?

With rising costs 💰 and economic uncertainty, more contractors are turning to rentals for flexibility and savings. Renting helps you to free up cash flow, avoid maintenance costs, and access the latest equipment when you need it. Renting isn’t just a trend—it’s a strategy for staying efficient and competitive: https://lnkd.in/e9Bdqj6B #EquipmentRental #RentalSolutions #ConstructionTools #JobsiteSolutions

Mastering Multi-Property Maintenance: Our latest article offers essential tips on hiring the right contractor to ensure proactive and efficient upkeep of your properties. Discover the key to maintaining quality and value across your real estate portfolio. #PropertyManagement #MaintenanceTips https://lnkd.in/duCfqZPg

Equipment rental isn't just an option; it's the perfect choice for anyone looking to take on their projects with flexibility, cost-efficiency, and quick access to the perfect tool for every job. Before you dive into your next rental, consider these crucial points: ✔ Avoid unnecessary costs by understanding your project scope and needs ✔ Opt for well-maintained or newer models for enhanced safety and efficiency ✔ Look for great customer support and services to help when you need it Learn more about renting smartly, navigating the rental landscape, and how DOZR can streamline your rentals in this guide. #Construction #HeavyEquipment #ConstructionBusiness