Daily News: January 12, 2015

MB Business Provided RE Investment Facility

MB Business Capital recently provided a new $9.6 million senior facility to RE Investment Company, a wholly owned subsidiary of Miami-based Rental Equipment Investment for the acquisition of Midway Rental & Power Equipment and its affiliate Kurken.

Kalispell, MO-based Midway rents industrial and construction equipment, including lifts, generators, excavators, tractors and other items, to industrial customers (railroads, sawmills, oilfields, and agriculture-related businesses), general contractors and resorts.

Rental Equipment Investment is a new holding company led by Kevin Fitzgerald, former CEO of Neff Rental.