Transactions

Rentcorp – partnership with Hyundai Frontier Australia

Miles Advisory Partners advised the shareholders of Rentcorp Hyundai Forklifts on their partnership with Hyundai Frontier Australia.

Transaction Details

Abstract geometric shapes in blue and purple gradients on a black background.
Sector
Industrial
Miles Role

Sell-side advisor to shareholders of Rentcorp

Deal Type

Mergers & Acquisitions

Year Completed

2025

Contacts for this Transaction
Lloyd Way
Managing Director
Contact Lloyd Way

Overview

  • Rentcorp is a forklift hire and leasing business operating under the Hyundai Forklifts brand, serving commercial and industrial customers across Australia from its base in Padstow, NSW
  • Hyundai Frontier Australia, a subsidiary of Hyundai Corporation, acquired a majority interest in the business, with the founding shareholders retaining an equity stake and continuing involvement
  • The transaction provided the shareholders with a significant partial realisation while preserving their participation in the ongoing growth of the business alongside a strategic industry partner