BlueLine Rental prepares to go public

By Lindsey Anderson04 June 2018

BlueLine Rental has announced its parent company, Vander Holding Corp., has submitted a draft registration statement to the U.S. Securities and Exchange Commission (SEC) on a proposed initial public offering (IPO) of the business.

BlueLine said the IPO was expected to commence ”when market conditions allow”, subject to completion of the SEC review process. It added that there were no assurances that the IPO will be completed.

The number of shares to be offered and the price range for the proposed offering have not yet been determined.

BlueLine Rental is one of the largest rental companies in North America. Last year the company experienced a 12.5 percent rental volume increase to $599.2 million. In 2016, the company officially launched BlueLine Aerial which focuses on access equipment rentals.

Latest News
Venpa gets €15m private investment
QCapital is to invest €15 million in rental company Venpa for a 42.5% shareholding
CE Barometer results for March 2021
A slight levelling off of Europe’s recovery predicted by latest survey responses
Material hoists on mast climbers
Mounting a material hoist onto a mast climber can increase productivity explains Kevin O’Shea, director of safety and training, AGF Access Group