PCE Investment Bankers, a leading financial service firm for mid-market companies, is pleased to announce the purchase of Campus Crates by 1-800-PACK-RAT.
Headquartered in Wake Forest, North Carolina, 1-800-PACK-RAT is a leader in the portable storage and moving industry, providing on-site storage, warehouse storage, local moving, and long-distance moving to customers nationwide.
Mark Kuhns, CEO of 1-800-PACK-RAT, stated, "we are excited to expand our moving and storage solutions across the college industry by adding these campuses to the Storage Squad network of schools. Our goal is to simplify moving and storage and to expand upon Storage Squad's strong customer service. Their excellent reputation will enable us to provide these services to more college students."
“We remain grateful for our trusted partnership with PCE," commented Mark Linville, CFO of 1-800-PACK-RAT. "PCE played a critical role in sourcing, structuring, and negotiating this acquisition, and we couldn't be more pleased with the outcome."
"This acquisition represents a great expansion for 1-800-PACK-RAT's Storage Squad division," stated Michael Rosendahl of PCE. "The acquisition of Campus Crates further strengthens Storage Squad’s leadership in the sector. We appreciate the trust 1-800-PACK-RAT placed in us and value the partnership we have created."
Based in Waco, Texas, Campus Crates was started to make the lives of students and parents easier. Campus Crates was founded in 2016 by two students at Baylor University who realized how inconvenient and expensive moving out can be. Founder Ryan Snitzer partnered Campus Crates with select UPS Store locations and expanded to multiple universities through its student entrepreneur model – allowing students to have their own entrepreneurial experience in college, from marketing to operations to service delivery.
1-800-PACK-RAT is a leader in the portable storage and moving industry. They provide customers and businesses with solutions for on-site storage, warehouse storage, local moving, long-distance moving, or any combination. 1-800-PACK-RAT has numerous facilities across the USA. For additional information about 1-800-PACK-RAT. www.1800packrat.com.