Stephenson’s Expands to Waterloo

Sept. 15, 2008, Waterloo, Ont. – Stephenson’s Rental Services, based in Mississauga, Ont., and the largest rental company in the greater Toronto area, is opening a branch in Waterloo, a city of about 100,000 inhabitants 60 miles west of Toronto.

“This is the first of several branches to open for Stephenson’s in the Region of Waterloo,” said John Murray, regional development manager. “Stephenson’s is a perfect fit to serve the needs of the professional contractor in this region.”

The new Waterloo branch, opening Sept. 15, occupies 5,000 square feet and further expands the Stephenson’s network to 20 locations throughout southern Ontario.

“Stephenson’s is committed to establishing a branch within 30 minutes of our customers’ jobsite throughout southern Ontario” said president and CEO Willie Swisher. “Our goals are simple, provide ease of access to our locations, offer unmatched depth and breadth of products and services, and provide quick and easy customer service with the Stephenson’s ‘just say yes’ attitude. This formula has proved to cement long-term beneficial relationships with our current and expanding customer base.”

Stephenson’s has been in business more than 50 years and is one of Canada’s largest rental companies. In July 2007 EdgeStone Capital Partners, one of Canada’s leading private equity managers, became the principal shareholder of Stephenson’s Rental Services Inc., and plans to invest and support future Stephenson’s growth initiatives whether it be fleet expansion, new market penetration, and/or key strategic competitor acquisitions.