BlueLine Rental, headquartered in The Woodlands, Texas, has completed its purchase of Capital Rentals, a move that expands BlueLine’s reach in the market surrounding Washington, D.C. Details of the acquisition have not been disclosed.
Capital, founded in 1969, has four locations in Virginia and one in Maryland. BlueLine reports the D.C. market is a top 10 metropolitan statistical area for rental revenue according to a recent IHS Global ranking.
“At BlueLine we believe our heart of an independent is what sets us apart from other large competitors,” says CEO Asterios Satrazemis. “Today we strengthened our team and improved our density in Washington D.C., ultimately positioning us to better serve our customers in the market.”
In addition to being a full-service rental provider, Capital is the exclusive full-line dealer in Northern Virginia for Wacker Neuson and offers equipment from Edco, Stihl, Genie, JLG, Multiquip, Rotair and DeWalt.
Blueline operates more than 130 locations with a $1.5 billion fleet serving customers in construction, industrial, energy and manufacturing with aerial, material handling, earthmoving and compaction equipment.