06/10/2026 | Press release | Distributed by Public on 06/10/2026 06:42
June 10, 2026
PHOENIX, AZ - Compactor Rentals of America, LLC ("CRA"), a portfolio company of Kinderhook Industries, LLC ("Kinderhook"), today announced the acquisition of Tower Compactor Rentals ("Tower"). The transaction combines two national, independent waste compactor and baler leasing companies, resulting in a combined owned fleet of ~20,000 units. This acquisition marks CRA's sixth since partnering with Kinderhook and 14th since inception. Financial terms of the transaction were not disclosed.
Founded in 2012, Tower has built an unrivaled legacy of reliability, service, and customer partnership across the continental United States. The acquisition substantially enlarges CRA's fleet and national reach, deepening the installed base of owned fleet and extending CRA's ability to deliver fast, seamless support wherever customers operate.
"This acquisition brings together the deepest industry expertise in the country," said Kelly Williams, Chief Executive Officer of CRA. "Tower's outstanding reputation and customer centric service orientation, combined with CRA's national vendor network, broad equipment portfolio, and programs built for virtually every industry, creates a level of capability this market has never seen before."
The combined company operates through a nationwide vendor network of over 150 partners across 48 states. Customers of both companies will benefit from expanded equipment availability, faster service response, and access to CRA's full suite of leasing programs.
"Tower was built on a simple belief: take care of your customers and the business will take care of itself," said Mike Macera, Founder of Tower Compactor Rentals. "I am proud of what we built, and I am confident that CRA and Kinderhook are the right partners to carry it forward. Tower's customers will be in excellent hands."
"This acquisition uniquely positions us to continue to deliver and greatly enhance the unmatched service, equipment, and total waste solutions for our customer base," said Chris Anderson, Chief Revenue Officer of CRA. "Regardless of the customer's industry, we have a tailored solution to deliver a reliable service - enabling our customers to focus on their core business."
"CRA's acquisition of Tower is exactly the kind of transformational combination we invest to build," said Rob Michalik, Managing Director at Kinderhook Industries. "With 20,000 units in our fleet across the nation, CRA is well positioned as the independent market leader in compactor and baler leasing solutions, and we believe this platform is extraordinarily well-positioned for continued growth."
For additional information about this transaction, please contact:
Robert Michalik
Managing Director
(212) 201-6789
[email protected]
Sam Keenan
Managing Director
(212) 201-6795
[email protected]
Kevin Gayhardt
Vice President
(212) 201-9979
[email protected]
About Kinderhook Industries
Founded in 2003, Kinderhook Industries, LLC is a private investment firm that has raised over $11 billion of committed capital. We have made in excess of 500 investments and follow-on acquisitions since inception. Kinderhook's investment philosophy is predicated on matching differentiated, growth-oriented investment opportunities with financial expertise and our proprietary network of operating partners. Our focus is on middle market businesses with defensible niche market positioning in the healthcare services, environmental & industrial services, and light manufacturing & automotive sectors.
For more information, please visit https://www.kinderhook.com
About Compactor Rentals of America
Founded in 2009 and headquartered in Phoenix, AZ, CRA is the nation's leading pure-play provider of commercial compactor and baler rental solutions, serving customers across manufacturing, retail, hospitality, multi-family housing, healthcare, and institutional markets. CRA's fleet is supported by a nationwide network of over 150 vendor partners across 48 states.
For more information, please visit https://compactorrentalsofamerica.com/