Thompson Street Capital Partners and Cequel III Acquire BinTris Moving and Storage
ST. LOUIS (December 4, 2018) – 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, announced today the acquisition of Saint Joseph, Michigan-based BinTris Moving and Storage (BinTris), provider of both traditional and premium self-storage spaces and moving services. Terms of the transaction were not disclosed.
BinTris (www.bintris.com), operating four locations in the Saint Joseph, Michigan area, will now carry the StayLock™ brand. This acquisition expands StayLock’s presence in Michigan by adding 1,055 units amounting to 124,000 square feet of storage space to the StayLock portfolio. Units are well lighted, highly secure, and include some with climate-controlled environments.