1-800-Pack-Rat Merges with Zippy Shell

June 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.