SDR Ventures Advises Big Box Storage on Acquisition by Glass Lake Holdings

DENVER, Feb. 6, 2024 ~ San Diego, California - In a recent acquisition deal, Big Box Storage has been acquired by Glass Lake Holdings with the help of SDR Ventures. The leading provider of storage services in San Diego County, Big Box Storage was founded in 2003 by Brian and Rita Hurley. SDR Ventures served as the exclusive sell-side advisor to Big Box throughout the transaction process.

Big Box Storage offers convenient and affordable portable storage solutions for both residents and businesses. With a commitment to providing high-quality service and competitive pricing, the company has rapidly grown over the past 20 years. It now boasts more customers than any other storage company in San Diego and also offers non-traditional self-storage services for long-distance shipping across the United States.

Co-founder Brian Hurley expressed his gratitude towards SDR Ventures for their instrumental role in finding the right buyer for Big Box. After conducting a broad marketing process, Glass Lake Holdings emerged as the perfect fit for the company's future growth. Hurley stated, "We are incredibly thankful to Ben and the SDR team for their dedication in getting the transaction across the finish line."

More on Colorado Desk
Since its establishment, Big Box has prioritized convenience, security, and competitive pricing for its clients. The company offers delivery and pickup services, modern technology for physical security at its facilities, and anti-theft protection through motion sensors, alarms, video surveillance, and on-site staff.

Partner at Glass Lake Holdings Zack Perry expressed his excitement about welcoming Big Box to their family. He also praised SDR Ventures' team for their role in making this deal possible. "Transactions are only as strong as the people involved," said Perry. "And this one had some of the best." He further added that they were looking forward to expanding Big Box's presence in Southern California under Glass Lake's ownership.

Ben Luchow, Vice President at SDR Ventures, also shared his thoughts on this successful acquisition. He mentioned that it was a pleasure to work with Brian and Rita Hurley and the buyer, Glass Lake Holdings. Through a broad marketing process, SDR Ventures was able to identify multiple qualified buyers and offer Big Box management various options to meet their goals. Ultimately, Glass Lake Holdings emerged as the best fit for the company's next phase of growth.

Luchow concluded by saying, "We are thankful for the relationship we built with Brian and Rita and look forward to Big Box's continued success under Glass Lake's ownership." With this acquisition, Big Box Storage is expected to continue providing world-class storage solutions and serving its community with the best storage experience possible.
Filed Under: Business

Show All News | Report Violation


Latest on Colorado Desk