1-800-Pack-Rat Merges with Zippy Shell

New York, NY, June 6, 2018 – England & Company served as the exclusive financial advisor to 1-800-Pack-Rat, LLC (“Pack-Rat”), a national provider of portable storage and comprehensive logistics solutions, in its strategic merger with Zippy Shell Incorporated (“Zippy Shell”), a portfolio company of Virgo Investment Group (“Virgo”).

After having served as Pack-Rat’s financial advisor in numerous private financings over the last five years, England was engaged by Pack-Rat to evaluate strategic options, culminating in its merger with Zippy Shell. The transaction, which was backed by a Virgo-led investor group, closed on June 4, 2018. Financial terms of the transaction were not disclosed.

“We are extremely pleased with the outcome of this transaction. This investment by Virgo is perfectly suited to meet our needs as we continue to invest in geographic expansion and customer service initiatives. The timing could not be better and by bringing together our collective capabilities and skills we expect to accelerate our growth while maintaining a commitment to exceptional customer service,” said Robert Poirier, President and Chief Executive Officer of Pack-Rat.

About 1-800-Pack-Rat

Founded in 2002 and headquartered in Wake Forest, NC, Pack-Rat provides portable moving and storage solutions and comprehensive logistics services to its nationwide base of residential and commercial customers. Pack-Rat has a network of 71 warehouse facilities, reaching a total addressable domestic market of 240 million consumers.

About Zippy Shell

Zippy Shell, founded in 2009, is one of the fastest growing providers of portable moving and storage solutions in the U.S. The company has grown to over 47 branch locations including 6 company-owned branches and 41 franchise branch locations throughout the country.

About VIRGO Investment Group

Virgo is a private investment firm based in Burlingame, CA. Founded in 2009, Virgo has invested over $1 billion completing 48 investments to date.

About England & Company

With offices in Houston, New York, and Washington, DC, England & Company is an independent investment banking and advisory boutique dedicated to serving middle-market companies. Since its founding in 2003, the firm has provided comprehensive advice on mergers and acquisitions, private capital raising, financial restructuring, fairness opinions, and other strategic initiatives to the executive teams, boards of directors, and financial sponsors of public and private companies.

Investment banking services are provided by England Securities LLC, a registered broker-dealer and member of FINRA and SIPC.