Mobile Mini to draw on asset-based revolver for Evergreen purchase

By Tali Rackner

Norfolk, Va., Nov. 13 – Mobile Mini, Inc. said it will fund its acquisition of Evergreen Tank Solutions with borrowings under its increased asset-based revolver, according to a press release.

The purchase price for the transaction, which expected to close by year-end, is $405 million.

Tempe, Ariz.-based Mobile Mini is a provider of portable storage services. Evergreen Tank Solutions is a Houston-based provider of specialty containment services.

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