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Driving market consolidation

Williams Scotsman

Through the spin out from the parent group, we positioned the business strongly to take advantage of organic growth opportunities and to participate in market consolidation.

 

Description

Williams Scotsman ("WS") is the leading modular leasing and portable storage solutions provider in North America. With over 100 locations and a fleet of over 100,000 modular space and portable storage units, WS serves a diverse range of end markets including construction, education, retail and healthcare, in the US, Canada and Mexico.

Transaction

In November 2017 we completed a transaction spinning out Williams Scotsman from the wider Algeco Scotsman Group into a publicly listed vehicle. Since then WS has been trading on the NASDAQ as WillScot Corporation and TDR continues to manage a significant stake in the business. The transaction has provided WS with resources to participate in the US market consolidation and to drive further its strong organic growth trajectory.

What we've done

Since the spin out of Williams Scotsman, we have focused the business on driving further growth in Value Added Products (VAPS) as well as advancing the consolidation of the US market through the completion of two accretive acquisitions.

FURTHER INFORMATION

Date of investment: October 2007, November 2017
Deal type: Listed Vehicle
Status: Unrealised
For further information, email:  WillScot@tdrcapital.com
Visit the company’s website at:  willscot.com