The Eagle Leasing Company, a portfolio company of Kinderhook Industries, today announced the acquisition of Mobile Storage, Inc. (“Mobile Storage” or the “Company”), a Providence, Rhode Island provider of storage container and trailer rentals. The acquisition adds an established Providence location creating a direct operating link between Eagle’s Connecticut and Massachusetts locations. Terms of the transaction were not disclosed.

Founded in 1988 by the Hogan family with just two storage containers, Mobile Storage has grown into one of Rhode Island’s largest independent container and trailer rental companies. Today, the business serves construction, retail, education, and commercial customers across Rhode Island, Massachusetts, and Connecticut. Its employees, fleet, and Providence facility will become part of Eagle Leasing, providing continuity for customers while expanding the equipment and resources available to them.

“Mobile Storage has spent nearly four decades earning the trust of its customers by doing the small things right,” said Mike Ferrantino, Chief Strategy Officer at Eagle Leasing. “Bill and Ryan Hogan have built an outstanding local business with a loyal customer base and a well-maintained fleet. Bringing Mobile Storage into Eagle gives us an established presence in Providence and allows us to build on what the Hogan family has created while offering customers access to a broader fleet and additional products.”

The acquisition gives Eagle Leasing meaningful fleet density and local operating capabilities in the key New England market. Ryan Hogan will remain with Eagle Leasing following the acquisition, providing continuity for customers and the local team.

“After 38 years, my brother Ryan and I wanted to find a partner who would take care of our customers and our employees the way we have,” said Bill Hogan, President of Mobile Storage. “Eagle Leasing shares our values, and we are confident this is the right home for the business we built.”

Eagle Leasing is actively seeking additional opportunities to partner with high-quality portable storage operators across the Eastern United States who share its commitment to customer service and operational excellence.

If you are interested in discussing your business or your fleet of portable storage assets, please contact our Chief Strategy Officer, Mike Ferrantino at mferrantino@eagleleasing.com.

Advisors

Eagle Leasing was represented by Bernicker Law PLLC on legal matters. Alvarez & Marsal provided financial due diligence.

About Mobile Storage, Inc.

Founded in 1988 and headquartered in Providence, Rhode Island, Mobile Storage, Inc. rents and sells storage containers and semi-trailers to construction, retail, education, and commercial customers throughout Rhode Island, Massachusetts, and Connecticut. The Company has built a reputation for responsive service, dependable equipment, and strong customer relationships.

For more information, please visit: www.mobilestoragene.com

About Eagle Leasing

Founded in 1967 in Orange, Connecticut, Eagle Leasing is a leading provider of containers, trailers, and mobile office solutions throughout the Eastern United States. Over nearly six decades, the Eagle Leasing name has become synonymous with quality equipment and dependable service. Eagle Leasing manages a fleet of thousands of units serving public utilities, industrial manufacturing, construction, warehousing and logistics, retail, education, and government markets.

In July 2025, Eagle Leasing was acquired by the Rent-A-Container Network, which subsequently rebranded its family of companies under the Eagle Leasing name. Legacy brands include Rent-A-Container, ModuGo, A-1 Mobile Storage, Kelcon, Stuff-It Storage, Fortin Modular Storage, Wayside Trans. Corp., Containers4Less, Graf Bros Leasing, Schneider Trailer & Container Rental, GoldStar Storage Container & Trailer Rentals, and Mobile Storage.

For more information, please visit: www.eagleleasing.com

About Kinderhook Industries

Founded in 2003, Kinderhook Industries, LLC is a private investment firm that has raised $11 billion of committed capital. Kinderhook has made in excess of 500 investments and follow-on acquisitions since inception. Kinderhook’s investment philosophy is predicated on matching differentiated, growth-oriented investment opportunities with financial expertise and our proprietary network of operating partners. Kinderhook’s focus is on middle market businesses with defensible niche market positioning in the healthcare services, environmental & industrial services, and automotive & light manufacturing sectors.

For more information, please visit: www.kinderhook.com

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Eagle Leasing shares our values, and we are confident this is the right home for the business we built. - Bill Hogan, President of Mobile Storage