a portfolio company of




has acquired multiple
franchisee markets

PODS is a leading provider of
moving and portable storage for
consumers and corporations.

The undersigned acted as financial advisor to PODS in this Transaction

PODS

Description

PODS is a leading provider of moving and portable storage solutions for private and commercial consumers. The Company's network covers over 230 million people, including 75% of the US population and select cities in Canada, the UK and Australia.

Situation

Arcapita, the private equity owner of PODS, approached Croft & Bender to facilitate a multi-phase franchisee acquisition initiative. Croft & Bender led the Company through two rounds of acquisitions which included contacting potential franchisee targets, reviewing and analyzing financials, negotiating letters-of-intent as well as the final definitive documentation.

Result

Croft & Bender successfully negotiated the purchase of multiple franchisee markets totaling approximately $15 million in EBITDA. C&B Capital also participated in the equity financing to support the acquisitions.