Storagevault Canada Inc

Description

StorageVault Canada Inc provides storage and management solutions across different Canadian provinces, including Alberta, Quebec, Nova Scotia, Saskatchewan, Manitoba, British Columbia and Ontario.

It manages, owns and rents self-storage, portable storage space and other management solutions.

For health care institutions, government sectors and businesses, the company provides document storage shredding services and data management services.

It claims to be the only publicly listed storage company in Canada.

The Toronto-based business was founded in 2007 as a capital pool company under the laws of Alberta. The capital pool company is an alternative route for private companies to go public in Canada.

The early-stage company went public in November 2007 with the initial public offering and listing on the Toronto Stock Venture Exchange.

StorageVault claims to focus on organic expansion and sustainable cash flow. It has acquired over 20 stores in different locations since its inception.

The storage services provider conducts its operations through three segments:
• Self-Storage
• Portable storage
• Management solutions

Self-Storage

For residential clients or commercial customers who downsize, renovate, or move, the company claims to provide them with self-storage solutions, including extra space. The regional self-storage services are offered under a family of brands:
• Storage For Your Life brands
• Access Storage
• Depotium Mini-Entrepots
• Sentinel Storage

Portable Storage

The company provides portable storage solutions through a line of brands, including PUPS Containers, StorageVault Containers and Cubeit. The segment owns a fleet of over 4,600 containers and caters to commercial, industrial and residential clients looking for onsite storage. In addition, the Canadian company provides long-distance moving and local storage solutions.

Management Services

Under this segment, the company provides data management solutions and reportedly focuses on increasing net operating income by managing revenue systems and controlling costs.

Document storage, data management and shredding services are offered to legal entities, healthcare institutions or other businesses across Canada.

Data management, document storage and shredding services are offered under the brand RecordXpress.

The company claims its stores are fully secured and equipment with designated pin codes and gated entrances.

The storage services provider also facilitates the online delivery of containers at the doorstep.

The company also provides various packaging materials such as boxes, covers, tape, wrapping paper, cartons, etc.

StorageVault Management Services operates as a full-service self-storage management firm and provides customer services, training and development solutions, market representations and marketing services. It operates over 160 properties across Canada. Some of the services include:
• Store management: Proven processes and systems, increasing the value of assets and reduce overall costs.

• Solution center: It provides live expert assistance for clients and the latest telecommunications technology.

• Revenue management: Provides the customers with informed strategic decisions, supply and demand rate adjustment, and enhances knowledge about Canada's marketplace.