MISSISSAUGA, Ont.– Trailer Wizards Ltd. has reached an agreement to acquire two related family businesses; GTA Trailer Rentals Inc.—one of Ontario’s leading trailer rental companies—and Markham Equipment Sales Ltd.—one of Ontario’s leading buyers and sellers of new and used trailers. The acquisitions are expected to finalize June 1, 2015, said a release.
Trailer Wizards will acquire the assets of GTA Trailer Rentals Inc. and Markham Equipment Sales Ltd. including the three Ontario locations; Gormley, Milton, and Cambridge. The newly acquired locations will complement Trailer Wizards’ existing network.
“Both companies are well-known and respected family-owned trailer solutions providers in the market, recognized for their customer relationships and professionalism,” said Anne McKee, Executive Vice President Trailer Wizards. “These acquisitions will bring together the strengths of both operations, which include highly expert employees, enhancing the resources available to serve our customers throughout Ontario.”
Both Mike Ciciretto and Jason Ciciretto of GTA Trailer Rentals have accepted leadership positions within the Ontario Region as part of the Trailer Wizards team. Ciciretto will take on the role of Vice President for the Ontario region and Jason Ciciretto will be Director of Sales.
“Trailer Wizards has always been a high quality competitor for us and we are confident the integration will further strengthen the quality of service and range of solutions we provide our customers,” said Mike Ciciretto, President of GTA Trailer Rentals Inc. “We look forward to building on success together and being a part of the Trailer Wizards team.”
“We are excited about this acquisition and the value added benefits it will offer our people, vendors and, most of all, our customers,” said Jason Ciciretto, vice president of GTA Trailer Rentals Inc. “With our combined experience and Trailer Wizards national reach and resources it makes for a perfect fit.”