The Georgetown-based U.S. arm of Zippy Shell, a self-storage and moving company founded in Australia, has raised $25 million from the Virgo Investment Group.
Zippy Shell will use the funding to grow the business through acquisitions, expansion and a national marketing strategy.
“The Virgo team has been great to work with and has already provided significant strategic relationships to move our brand and business to the next level,” Zippy Shell USA CEO Rick Del Sontro, a University of Maryland graduate, said in a press release Thursday.
As part of the deal, Virgo founding partner Mack McNair will become chairman of Zippy Shell’s board.
Zippy Shell has 39 employees in D.C. It opened up in the capital as a franchise in 2010.
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