Staylock Storage Acquires Four Facilities From Mini Storage Depot
ST. LOUIS (September 29, 2017) – StayLock Storage®, a self-storage company headquartered in St. Louis, announced today its acquisition of four self-storage facilities from Mini Storage Depot in Elkhart and Fort Wayne, Indiana. StayLock Storage is a platform company of Thompson Street Capital Partners, a private equity firm based in St. Louis in partnership with Cequel III, a St. Louis-based management and investment firm. Mini Storage Depot is a provider of self-storage space in the Elkhart and Fort Wayne areas. Terms of the transaction were not announced.
The four locations feature 1,871 storage units with 227,790 square feet of rentable storage space. This brings StayLock’s total rentable storage space in northern Indiana to more than 680,000 square feet and more than 4,200 storage units.
Bob Dunn, TSCP Managing Director said, “Our most recent acquisition gives StayLock substantial additional storage capabilities in northern Indiana.” Mr. Dunn added, “We are delighted by the steady growth of StayLock Storage.”