Williams Scotsman acquisition finalized

Williams Scotsman acquisition finalized

WIlliams Scotsman is again an independent Baltimore-based company with a publicly traded stock.

A Los Angeles investment firm completed its $1.1 billion acquisition of the modular space rental company, still headquartered in Baltimore, from its European parent.

Under the deal, first announced in August, the buyer, Double Eagle Acquisition Corp., has changed its name to WillScot Corp. to serve as the new holding company for Williams Scotsman.

The acquisition unshackles Williams Scotsman from its European parent, allowing the company to grow more quickly.

“As a public company, Williams Scotsman is well positioned to capitalize on...