TORONTO, Ontario — December 18, 2025 — Leads & Copy — StorageVault Canada Inc. (SVI-TSX) has agreed to acquire six assets from five vendor groups for $71.8 million, pending customary adjustments and due diligence.
The acquisitions are expected to close in Q1 2026. The properties are located in British Columbia, Alberta, Ontario, and Quebec and will expand StorageVault’s existing portfolio. The year-to-date acquisitions, including the announced transactions, total over $200 million.
Four of the transactions are arm’s length, while one transaction, involving two stores and totaling $42.0 million, is a related party acquisition with Access Self Storage Inc. and its affiliate as the vendor.
The purchase price of $71.8 million is subject to adjustments and will be paid using existing funds, first mortgages, and potential share consideration. Access may choose to receive up to $2.0 million of the purchase price in StorageVault common shares, priced at the higher of $5.87 per share (based on consensus net asset value) or the 10-day volume-weighted average trading price (VWAP) before closing.
StorageVault’s obligations to complete the acquisitions are contingent upon satisfactory due diligence, securing first mortgage commitments, and receiving satisfactory environmental site assessment reports. The closing of the acquisitions is also subject to standard closing conditions for both StorageVault and the vendors.
As Access is a non-arm’s length party to StorageVault, the related party acquisition is considered a “related party transaction” under MI 61-101. StorageVault will rely on exemptions from the formal valuation and minority approval requirements of MI 61-101, pursuant to Section 5.5(a) and Section 5.7(a) of MI 61-101.
There is no guarantee that the acquisitions will be completed as proposed or at all. The acquisitions will not result in any new insiders or a change of control.
StorageVault Canada Inc. owns and operates 265 storage locations across Canada, 232 of which are owned by the company. It also has over 5,000 portable storage units, representing over 13.2 million rentable square feet on 767 acres of land. StorageVault provides last mile storage, logistics solutions, and professional records management services, including document and media storage, imaging, and shredding.
Mr. Steven Scott or Mr. Iqbal Khan can be contacted for further information at 1-877-622-0205 or ir@storagevaultcanada.com.
Follow StorageVault on Instagram: @accessstorageca @depotiumminientrepot @sentinelstorageca @cubeitportablestorage and Facebook: /AccessStorageCA /Depotium /SentinelStorageCanada /Cubeit /FlexSpaceLogistics
Source: StorageVault Canada Inc.
