About REIC
REIC is a company based in Kalispell (United States) founded in 2014 by Kevin Fitzgerald, and was acquired by Kinderhook Industries in January 2022. Holding company focused on rental equipment companies. REIC has raised $2.89 million across 2 funding rounds from investors including NewSpring Capital and Kinderhook Industries. REIC has completed 10 acquisitions, including Aim High Equipment, All Rents Tool and Equipment and Black Mountain Rental. Its chief executive, as recorded, is Kevin Fitzgerald.
- Headquarters Kalispell, United States
- Founders Kevin Fitzgerald
- Stage Acquired
- Phone•••• ••••
- Website reicorporation.com
- Acquired by Kinderhook Industries (Jan 2022)
- Total Equity Funding$2.89M (USD)
in 2 rounds
- InvestorsNewSpring Capital
& 1 more
- Investments & AcquisitionsAim High Equipment
& 9 more
- Acquired byKinderhook Industries
(Jan 2022)
Funding Insights of REIC
REIC has successfully raised a total of $2.89M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.89M
- Total Rounds 2
- First Round $2.89M
(Feb 2015)
- Investors Count 1
All 2 funding rounds of REIC with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2016 | Seed | – | – | ||
| Feb 2015 | $2.89M | Seed | – | – | – |
2 investors in total: 2 institutional.
Investors in REIC
REIC has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include NewSpring Capital and Kinderhook Industries.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment firm focusing on lower-middle market growth, healthcare, and various strategies. | newspringcapital.com | |||
Kinderhook Industries is engaged in private equity investments. | 2003 | kinderhook.com |
Investor details for REIC
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of REIC
2 people are tracked at REIC (2 in leadership).
| Name | Role | Group |
|---|---|---|
Kevin Fitzgerald | Founder & CEO | Leadership |
Liam Rogers | Managing Director, Head of Capital Formation & Investor Relations | Leadership |
Complete people profiles for REIC
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by REIC
REIC has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Aim High Equipment, All Rents Tool and Equipment and Black Mountain Rental.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of lifting equipment rental services | aimhighequipment.com | Denver, United States | 1999 | Jun 2023 | •••• | |
Provider of midstream equipment manufacturing, oil production, and power generation services | midstreamequipment.com | Calgary, Canada | 2015 | May 2023 | •••• | |
Rental services for construction and excavation equipment are provided. | blackmountainrental.com | Pinedale, United States | 1997 | Feb 2023 | •••• | |
Provider of rentals services for your temporary cooling, heating and power generation | idsdrying.com | Franklin Park, United States | 2020 | Jan 2023 | •••• | |
Rental towers, heaters, compressors, pumps, and filtration systems are supplied. | blackoutus.com | Williston, United States | 2017 | Sep 2022 | •••• | |
Specialty rental services are provided to oil and gas sectors. | cahillservices.com | Houston, United States | 2015 | Jun 2022 | •••• | |
Construction equipment rental services are provided to industry clients. | heatmyjob.com | Wilmington, United States | 2010 | May 2022 | •••• | |
Temporary heaters, air conditioners, and dehumidifiers are manufactured. | constructionheatersinc.com | Chaska, United States | 2007 | Oct 2020 | •••• | |
Construction equipment is provided by DRACO Equipment to the industry. | dracoequipment.com | Idaho Falls, United States | 2010 | Jul 2020 | •••• | |
Industrial tools and equipment are rented out by All Rents. | allrentsinc.com | Seaside, United States | 1986 | Feb 2019 | •••• |
Complete acquisition details for REIC
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of REIC
14 dated milestones of REIC across 9 years, from founding to its latest funding, stage changes and deals.
- Founded REIC is founded.
- Funding First funding round of $2.9M.
- Funding Latest funding round, Seed,.
- Acquisition Acquires All Rents Tool and Equipment.
- Acquisition Acquires DRACO Equipment.
- Acquisition Acquires Construction Heaters Inc..
- Exit Acquired by Kinderhook Industries.
- Acquisition Acquires Total Construction Rentals.
- Acquisition Acquires Cahill Services.
- Acquisition Acquires Blackout Energy.
- Acquisition Acquires Industrial Drying Solutions.
- Acquisition Acquires Black Mountain Rental.
- Acquisition Acquires Midstream Equipment.
- Acquisition Acquires Aim High Equipment.
Web traffic of REIC
The website of REIC (reicorporation.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▼ 18.3% vs previous month
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Frequently Asked Questions about REIC
REIC was founded in 2014 and raised its 1st funding round 1 year after it was founded.
REIC is headquartered in Kalispell, United States. It is registered at Kalispell, Montana, United States.
Kevin Fitzgerald is the CEO of REIC, as recorded in our data. They have also founded this company.
REIC is a funded company, having raised a total of $2.89M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.89M, raised on Feb 2015.
Holding company focused on rental equipment companies.
REIC has made 10 acquisitions, including Aim High Equipment, All Rents Tool and Equipment, and Black Mountain Rental.
REIC has 2 investors. Key investors include NewSpring Capital, and Kinderhook Industries.
Yes. REIC was acquired by Kinderhook Industries in January 2022.