---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-017316"
form_type: "8-K"
ticker: "MGRC"
cik: "0000752714"
company_name: "MCGRATH RENTCORP"
filed_at: "2024-01-29T23:59:59+00:00"
generated_at: "2026-06-06T16:14:06.426745+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# WillScot Mobile Mini to acquire McGrath RentCorp for $3.8B; $123/share cash or 2.8211 stock

## Summary
- Merger valued at ~$3.8B; MGRC shareholders get $123 cash or 2.8211 WSC shares per share (60% cash/40% stock).
- Board unanimously approved; expected close in first half 2024, subject to shareholder and regulatory approvals.
- Combined 2023 pro forma revenue $3.2B and adjusted EBITDA $1.4B; ~$50M expected run-rate operating synergies.
- Termination fees: WSC pays $180M if antitrust fails; MGRC pays $120M under certain conditions.
- MGRC will become a wholly owned subsidiary of WSC; combined company serves 85,000+ customers.

## SEC filing metadata
- accession: 0001193125-24-017316
- form_type: 8-K
- ticker: MGRC
- cik: 0000752714
- company_name: MCGRATH RENTCORP
- filed_at: 2024-01-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/752714/000119312524017316/0001193125-24-017316-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/752714/000119312524017316/d755668d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-017316
- JSON: https://secwatch.observer/filing/0001193125-24-017316.json
- Plain text: https://secwatch.observer/filing/0001193125-24-017316.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.