StayLock Storage®, a self-storage company headquartered in St. Louis, announced today its acquisition of northwest Indiana-based R&R American Ulock (R&R). 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. R&R, with locations in Demotte, Hebron, Kouts, Wheatfield and Winfield, Indiana, is a provider of self-storage facilities. Terms of the transaction were not announced.
R&R (www.staylockstorage.com) will now be under the StayLock banner. The facilities feature 916 storage units and 37 spaces for boat and vehicle parking.
Bob Dunn, TSCP Managing Director said, “Our acquisition of R&R American Ulock as part of StayLock greatly enhances the Company’s ability to serve customers in that region of the country. We’re excited to have a hand in the continued growth of this business.”