May 25, 2022

Southfield, Michigan., May 25, 2022 – VESTA Modular (“VESTA” or the “Company”) a portfolio company of Kinderhook Industries, announces that it has acquired modular building assets from Hilltop Trailer Sales in Minnesota.

“This acquisition further illustrates the commitment the company has in providing a Nationwide offering to our customers. These assets enhance our ever-growing fleet of modular buildings for sale or lease”, says Dan McMurtrie, CEO of VESTA Modular. “We are excited to welcome the customers of Hilltop to the VESTA family and look forward to a seamless transition.”

“Identifying and acquiring high-quality assets is a core component of VESTA’s value creation strategy, and this acquisition demonstrates the teams’ ability to efficiently develop Its fleet.” added Rob Michalik, Managing Director at Kinderhook, “VESTA’s rapid growth continues to be driven by fleet Investment, and we feel that this expansion will provide significant benefits for VESTA customers.”

For additional information about this transaction, please contact: 
Robert Michalik
Managing Director
(212) 201-6789
[email protected]
 
Sam Keenan
Managing Director
(212) 201-6795
[email protected]