Durante Rentals, LLC

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Durante Rentals, LLC - overview

Established

2009

Location

-, NY, US

Primary Industry

Business Support Services

About

Durante Rentals, LLC provides equipment and tool rental services, specializing in solutions for the construction and industrial sectors, ensuring operational efficiency for diverse client needs. Founded in 2009, Durante Rentals, LLC is based in Flushing, US, and primarily focuses on equipment rentals for various industries. The company has undergone significant changes with a recapitalization by Clairvest Group in July 2019, but no details of previous pivots in its business strategy have been disclosed. The company operates under the leadership of CEO Anthony Durante and Kenneth Cockrill.


Chris Jones, a key figure in its establishment, has a history of entrepreneurship, although specific details about his prior ventures are not available. Durante Rentals has completed a total of 1 deal as of July 1, 2019. Durante Rentals specializes in providing a wide range of equipment and tools designed for construction and industrial applications. Their offerings include aerial lifts, air compressors, climate control solutions, concrete and masonry tools, earthmoving equipment, and material handling solutions.


These products cater to various operational needs, ensuring clients can maintain productivity on job sites across North America, serving customers like contractors and utility companies in both large and small-scale projects. In the most recent fiscal year, Durante Rentals reported revenue of USD 37. 10 mn for 2018, generated primarily through transactional agreements for equipment rentals. The company offers flexible rental options tailored to clients' needs, which can include both short- and long-term agreements.


Revenue is further supported by additional services such as delivery, maintenance, and training, enhancing the overall value provided to customers. Looking ahead, Durante Rentals is strategically focused on expanding its product offerings and geographic reach. The company aims to introduce new product lines designed to meet evolving market demands. Plans are in place to extend services into new regional markets across the US in the coming years.


The recapitalization in July 2019 is expected to provide the necessary financial backing to support these growth initiatives, although specific details on new product launches or targeted markets have not been disclosed.


Current Investors

Clairvest GP Manageco

Primary Industry

Business Support Services

Sub Industries

Equipment Rental & Leasing, Industrial Machinery

Website

www.duranterentals.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Durante Rentals, LLC - financials

Fiscal Year EndedDec 31, 2018
Revenue (USD)-
% Revenue Growth (YoY)-
EBITDA (USD)-
Operating Income (USD)-
Operating Margin-
% EBITDA Margin-
NET Income (USD)-
% Net Margin-

Durante Rentals, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
RecapitalisationCompletedDurante Rentals, LLC-

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Durante Rentals, LLC - employee data

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