Message from the Directors

Legacy Rental is a holding company with a resolute vision to become a key player in the Japanese construction rental equipment sector.

As a holding company, Legacy Rental offers a unique value proposition to potential partners by providing capital while preserving family legacies. Legacy Rental stands firm in its commitment to upholding the highest standards of integrity, ethics, and corporate responsibility. We are dedicated to building relationships based on trust, transparency, and mutual respect. Our investments are not merely financial; they represent a shared journey towards excellence in the construction equipment rental market.

Investment Thesis

At the core of Legacy Rental’s strategy lies an investment thesis meticulously tailored to the unique dynamics of the Japanese construction equipment rental market. Many of these businesses are family-owned, each with a unique and cherished legacy. Our focus is on making control investments in middle market local players, typically with approximately $50 million USD in revenue. We recognize the intrinsic value of these family legacies and, as such, we hope to work closely with the families to preserve their heritage while propelling the businesses toward further growth. By making control investments, we can maintain the continuity of these legacies, nurturing the traditions and values that have made them integral parts of their communities. Simultaneously, we seek to infuse them with the resources and support necessary for sustainable expansion, ensuring that these cherished legacies continue to thrive.

Empowering All Stakeholders

Legacy Rental is not solely driven by financial returns; we are equally devoted to empowering and valuing all employees and stakeholders. We recognize that the success of any enterprise relies on the dedication and talent of its workforce, and our approach reflects this understanding. We prioritize the welfare and growth of employees, fostering a collaborative and inclusive environment where their contributions are not only recognized but celebrated. This commitment extends to all stakeholders, from suppliers and customers to the communities where we operate. Together, we endeavor to create a thriving ecosystem that benefits everyone involved.

Japan's Thriving Construction Industry

Japan boasts a thriving construction industry with a continuous demand for top-tier equipment rental services. As the nation embarks on ambitious infrastructure projects and urban development initiatives, the need for reliable and efficient equipment is paramount. Legacy Rental recognizes this immense potential and is strategically positioned to contribute to the industry's growth.

Mission and Vision

Our mission at Legacy Rental is to facilitate and drive sustainable progress in the Japanese construction industry by supporting and partnering with exceptional rental equipment companies. With a strategic focus on innovation, reliability, and efficiency, we aim to elevate the standards of equipment rental services while contributing to the economic development of Japan.

Leadership

Ryan McElvenny

Director

Ryan McElvenny is a director of Legacy Rental, and he has a strong financial and investment background. He graduated from Georgetown University and started his career at Credit Suisse in their London office, where he eventually became the lead European investment analyst for the Information Technology sector at Credit Suisse Asset Management. In this role, he acted as the lead analyst on investment capital deployed of over $1.6 billion across about forty companies. Later, he joined Man Group, the world’s second-largest hedge fund with assets exceeding $140 billion. Ryan is certified by the UK’s Financial Conduct Authority (FCA), a key regulatory body in the financial services sector. This certification underlines his commitment to regulatory compliance and ethical conduct.

Ralph McElvenny Jr

Senior Advisor

Ralph McElvenny is a senior advisor to Legacy Rental. Ralph holds a BA degree from Stanford University, and is a graduate of both Columbia Law School and Harvard Business School. Ralph is the sole equity partner of Aeropanel Corporation, a prominent American aerospace business. He has also contributed his expertise by serving on the boards of various companies, including Robert Half International and BF Enterprises.