Stephenson's Rental Services invests in Location GM

Stephenson’s Rental Services, Ontario and Alberta, Canada, has made a strategic investment in Location GM, a Quebec-based equipment rental company with four branches. This investment marks the first step for Stephenson’s in its plan to expand in the province of Quebec. Alexandre Cantin and Jean-Francois Cantin, shareholder and CEO and shareholder and chief financial officer, respectively, of Location GM, will continue in their roles and retain significant equity participation in Location GM. It is intended that operations in Quebec will continue to be operated under the Location GM brand.

“The investment in Location GM is an important step in the expansion plans of Stephenson’s in the province of Quebec,” says Guy Manuel, CEO of Stephenson’s. “It immediately provides a strong foothold in the province and represents a great platform to further expand our activity in Quebec.”