# ITOCHU invests in BigRentz construction equipment rental marketplace

ITOCHU Corporation made a strategic capital investment in and formed a business alliance with BigRentz, an online construction equipment rental marketplace. The deal aims to create new value in the construction-equipment business.

- Type: Investment
- Announced: 2020-04-01
- Where: United States
- Status: announced
- Products: construction equipment rental marketplace
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [ITOCHU](https://endata.com/companies/1234.md) (investor)
- [BigRentz](https://endata.com/companies/45985.md) (partner)

## Sources

- [truenorthcp.com](https://truenorthcp.com/2020/04/01/truenorth-scout-valuations-advise-itochu-corporation-on-its-investment-in-and-alliance-with-bigrentz/), 2020-04-01: "Through this partnership with BigRentz, ITOCHU intends to create new value and solutions in the construction-equipment business by harnessing Big Data, Internet of Things (IoT) and the networks of the two companies."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.