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Private equity is buying up equipment dealers and rental houses at a record pace. The industry is reorganizing around scale, and contractors are about to feel the effects.
While national dealer consolidation grabs headlines, this Virginia-based Volvo and Takeuchi distributor has opened two new branches in under a year and shows no signs of slowing down.
From a single Oklahoma City location selling used equipment in 1983 to a 12-branch operation representing over 30 manufacturers across six states, Kirby-Smith Machinery has become one of the most respected heavy equipment dealers in the central United States.