Rental Management Magazine is recognizing companies that are making a difference – the companies that have found ways to thrive in a competitive marketplace to grow their business. Here are this year’s Market Movers in both the equipment and event industries, along with their HQ locations, and their percentage of rental revenue increase from 2020-22.
Equipment Rental
Supply chain issues, schmupply-chain issues. Durante Equipment set the Market Movers pace with 243% revenue growth over the past three years despite supply chain challenges, leading the <$10 million annual rental revenue cohort in growth. All in all, 15 of the 28 Equipment Market Movers manage their rentals through Point of Rental:
<$10 million annual rental revenue
- Durante Equipment, Hollywood, Fla. (+243%)
- Rental Works, Greensboro, N.C. (+187%)
- Thomas Brothers Equipment Rental Co., Tracy, Calif. (+118%)
- New West Equipment Services, Calgary, Alberta, Canada (113%)
- Nor-Cal Equipment Rentals, Sacramento, Calif. (+95%)
- Action Equipment Rentals, Red Deer, Alberta, Canada (+86%)
- NC Rents, Lodi, Calif, (+85%)
- Rental Men, Pell City, Ala. (+71%)
$10+ million annual rental revenue
- ChaseCo Rentals, Sullivan, Mo. (+181%)
- All Choice Rentals, Drayton Valley, Alberta, Canada (+170%)
- Nor-Val Rentals, Armstrong, British Columbia, Canada (+79%)
- Target Rental, Durango, Colo. (55%)
- Tejas Equipment Rental & Sales, San Antonio, Texas (+55%)
- RentalMax, Carol Stream, Ill. (+46%)
- Durante Rentals, New Rochelle, N.Y. (+43%)
Event Rental
2020 was a particularly rough year for the event industry, and 2022 data confirmed that, yes, the industry is back from the COVID pandemic. Market Movers showed huge gains in revenue, with some quintupling their revenues in 2022. We’ve listed the event rental companies using Point of Rental; you can find the rest of the list in Rental Management’s article here.
<$3 million annual rental revenue
- *T3 Event Rentals, Alpharetta, Ga., (+225%)
- *Party Perfect, Richmond, Va., (+133%)
$3+ million annual rental revenue
- MS Events, Charlottesville, Va. (+550%)
- Colorado Party Rentals, Denver, Colo. (+452%)
- PEAK Event Services, Woburn, Mass. (+360%)
- *Goff Tents & Events, Nicholasville, Ky. (+112%)
- Alexander Party Rentals, Kent, Wash. (+66%)
Congratulations to everyone who moved the market over the past three years! If you need help growing your business, let us know about it: Fill out a form at pointofrental.com/connect.
