StayLock Storage®, a self-storage company headquartered in St. Louis, announced today its acquisition of Camden, South Carolina-based Beard Realty Storage Center (Beard Storage). StayLock Storage is a platform company of Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis in partnership with Cequel III, a St. Louis-based management and investment firm. Beard Storage is a provider of self-storage space in the Camden area. Terms of the transaction were not announced.
Beard Storage (www.staylockstorage.com) will now be under the StayLock brand umbrella. The facility offers 40,278 total square feet of rentable space in its three locations.
Bob Dunn, TSCP Managing Director said, “The addition of Beard Storage greatly increases StayLock’s customer service capabilities by adding more storage over a wider geographical area. We’re excited to be part of the continued growth of StayLock.”