StayLock Storage®, a self-storage company headquartered in St. Louis, announced today its acquisition of Rock Hill, South Carolina-based Kwik 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. Kwik Storage is a provider of self-storage facilities. Terms of the transaction were not announced.
Kwik Storage (www.staylockstorage.com) will now carry the StayLock brand. The facilities feature 187 climate controlled and non-climate-controlled storage units. The facilities are accessible to customers 24 hours a day, seven days a week.
Bob Dunn, TSCP Managing Director said, “Acquiring Kwik Storage as part of StayLock gives the Company a heightened ability to serve more customers over a much broader area. We’re excited to support the ongoing growth of this business.”