![]() Founded in 2009, Virgo has invested over $1 billion completing 48 investments to date. Virgo is a private investment firm based in Burlingame, CA. The company has grown to over 47 branch locations including 6 company-owned branches and 41 franchise branch locations throughout the country. Zippy Shell, founded in 2009, is one of the fastest growing providers of portable moving and storage solutions in the U.S. Pack-Rat has a network of 71 warehouse facilities, reaching a total addressable domestic market of 240 million consumers. 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.įounded 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. With portable storage containers, customers have the flexibility to choose on-site storage, warehouse storage, local moving, long-distance moving or any combination. This investment by Virgo is perfectly suited to meet our needs as we continue to invest in geographic expansion and customer service initiatives. 1-800-PACK-RAT is the portable storage container and moving company that provides the simplest way to move or store your stuff in the United States and Canada. “We are extremely pleased with the outcome of this transaction. ![]() Financial terms of the transaction were not disclosed. ![]() The transaction, which was backed by a Virgo-led investor group, closed on June 4, 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”).Īfter 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. ![]()
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