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SmartBox is sold

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Posted at 8:58 AM, Mar 12, 2014
and last updated 2014-03-12 08:58:16-04

RICHMOND, Va. (RichmondBizSense.com) – A local portable self-storage company has found a suitor.

SmartBox, a Richmond-based firm that rents onsite self-storage pods through 19 locations around the country, was acquired this week by moving giant SIRVA.

The deal was finalized Monday. Financial terms of the deal were not disclosed.

As part of the deal, SmartBox founder and CEO Bryan Bostic will continue to own the company’s Richmond franchise and he’ll be employed as a consultant to SIRVA.

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