High Voltage Capital

High Voltage Capital

In 2016 Troy and Stacey Peterson and John B. Frank became partners to create High Voltage Capital, Inc. Although this business is a new venture, the partners have a long history. In 2005 Troy and Stacey Peterson created Inland Rental, LLC dba Volvo Rents which belonged to a network of franchised construction equipment rental stores affiliated with Volvo Rents International. Stacey managed the daily business including operations, sales and the relationships with Volvo Rents International and Volvo Financial Services. Troy managed equipment acquisitions, and business relationships with accountants and local bankers. In November 2011, the Petersons sold the business. As a part of the sales transition, John B. Frank hired to become the General Manager of the store. John had previously been the operations manager for a custom home builder and prior to that had managed grocery stores so he was knowledgeable about the construction industry and experienced in business operations. Stacey and John worked together in a 2-month transition designed to personally introduce John to customers. This process proved prudent and John retained all of the previous customers. John managed the business from November 2011 - July of 2015. During these years he significantly expanded the customer base and continued to improve organizational efficiencies. The company had its best year to date in 2014. In late 2015 Troy, Stacey and John began discussing re-entering the construction equipment business as partners. The group collectively has over 10 years of customer relationships as well as relationships with many dealers who are great sources for late-model used equipment. Troy, Stacey and John are excited about the future of the new company, High Voltage Capital, Inc., which buys sells, rents, consigns and leases equipment. The initial focus of the company will be on buying, selling, renting and consigning. Leasing will begin down the road as the company becomes more established. HVC made its first equipment sale in March 2016 and the company looks forward to many more.