Like self-storage businesses? Meet StoreLocal, a privately owned player that’s built a $300 million-plus portfolio across Australia and is kicking off a search for a growth-minded equity partner.
Street Talk can reveal StoreLocal’s co-founders, Rob Mactaggart, Mark Greig and Hans Pearson, have hired boutique corporate adviser Highbury Partners to reassess its capital structure as they seek capital to ramp up the portfolio. The business, founded in 2015, manages more than 30 self-storage assets across NSW, Victoria, Queensland, South Australia and West Australia.