Durante Rentals Acquires Quality Rent All Inc. of Carmel, NY
Durante Rentals has opened a new location with its acquisition of Quality Rent All, Inc. in Carmel, New York. It's Durante Rentals' fifth location and its third outside of the five boroughs of New York.
“This acquisition is critical to our rapid growth strategy in the New York area. It allows us to better serve our valued customers located north of our current Elmsford location”, said CEO Anthony Durante. “It is perfectly aligned with our long-term goal of developing emerging markets to expand our overall presence.”
Quality Rent All was established in 1989 by founders Tim and Marilyn Plummer. Durante Rentals will to continue to bring significant value to the current customer base as well as new customers throughout the Putnam County area. “The Plummers built a really nice business over the years and we are pleased that they will be our first acquisition. We are eager to welcome Quality Rent All customers and their staff to the Durante team”, said John Durante, President of Durante Rentals. “We are extremely excited to work with their nephew, Lou Alagno, who has been promoted to manage the new store. Lou has 16 years of experience working for his aunt and uncle and has literally 'grown up' in the business.”
Durante Rentals will expand the current product line with the addition of new equipment categories such as boom lifts, loaders, excavators, light towers and generators. There will be a large Takeuchi earth-moving machine presence because Durante Rentals, under their New York Takeuchi brand, is the area’s authorized Takeuchi dealer.
“Durante Rentals has been extremely successful opening up cold starts in the NY Metro area. While there are sure to be challenges ahead, I know our talented staff will do a great job of integrating an existing company into our culture and our way of doing business”, said Chris Jones, CFO and co-founder of Durante Rentals. “This successful integration will serve as the template for other potential acquisitions in the area.”
With every new location they open, Durante makes a commitment to the community they do business in with strong ties to local charities, municipalities and other local businesses. Their aggressive re-branding of the Carmel store is sure to have a positive impact on the community and overall beautification of Route 52 in Carmel.
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