StorageVault

What StorageVault does

StorageVault Canada Inc. is the largest self-storage operator in Canada, operating 270+ storage locations spanning over 13.5 million rentable square feet and 115,785 storage units across 767 acres. Founded in 2007 and headquartered in Scarborough, Ontario, the company has built a multi-brand portfolio including Access Storage, Sentinel Storage, Depotium Mini-Entrepôt, Cubeit Portable Storage, RecordXpress, FlexSpace Logistics, and MoveBuddy. The company serves both residential consumers seeking household, seasonal, or vehicle storage and business customers needing commercial storage, records management, document shredding, and e-commerce last-mile logistics. The company also provides third-party management services to external self-storage property owners, generating fee-based revenue from store operations, revenue management, marketing, and financing support.

The underlying platform is anchored by proprietary revenue management systems, a centralized in-house reservation call center (Solution Center), integrated lead generation tools, and operational technology that tracks financial performance, rental data, and competitive intelligence across the portfolio. StorageVault's technology enables geographic analysis of customer pools and live expert assistance, with scale-driven buying power cited as a source of cost efficiency. The company holds a minority investment in Pickups, a Canadian last-mile delivery platform that supports its FlexSpace Logistics offering.

The business model is primarily subscription-based monthly rental of self-storage units, supplemented by portable container rentals, recurring records management contracts, managed-services fees from third-party property owners, and logistics revenue from e-commerce last-mile fulfillment. Pricing varies by location, unit size, and amenities (typically $50–$500+ per month). Revenue is generated across all Canadian provinces, with same-store growth of 6.6% and total revenue growth of 10% to $335.1M CAD in FY2025. The company has raised its dividend for 10 consecutive years and completed a $57.5M senior unsecured hybrid debenture offering in late 2025 to fund continued acquisition activity, having deployed over $200M in acquisitions annually in 2024 and 2025.

Name

StorageVault

Legal name

StorageVault Canada Inc.

Website

https://storagevaultcanada.com

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

501–1,000 employees

Short description

StorageVault Canada Inc. is the largest self-storage company in Canada, operating 270+ locations across 13.5M+ rentable square feet through multiple brands, serving residential consumers and businesses with self-storage, portable storage, records management, and logistics services.

Ownership category

akta.pro rank

Product category

Self-Storage Services

NAICS

Lessors of Miniwarehouses and Self-Storage Units (53113), Lessors of Miniwarehouses and Self-Storage Units (531130), General Warehousing and Storage (493110)

SIC

Public Warehousing & Storage (4220)

akta.pro primary industry

Standard/Non-Climate Self-Storage (HSAKAGAB)

akta.pro secondary industries

Self-Storage Facility Management & Operations (Third-Party Managed) (HSAKAGAI), Residential Full-Service Storage (HSAKAHAA)

Keywords

• Self-storage facilities
• Portable storage containers
• Records management services
• Last-mile logistics
• Moving concierge services

Headquarters

HQ city

Cambridge

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Self-Storage Rentals: Monthly rental income from traditional self-storage units across 270 locations in Canada. Revenue generated from leasing storage space to residential and commercial customers.
2. Portable Storage Services: Portable container storage and moving services through Cubeit brand. Containers delivered to customer locations and transported as needed.
3. Records Management and Shredding: Professional records management services including offsite document storage, data protection, document imaging and shredding through RecordXpress brand.
4. Management Services: Third-party store management services for self-storage owners, including store operations, marketing, training, and financing. Revenue from management fees.
5. Last Mile Logistics: FlexSpace Logistics provides end-to-end last mile delivery and inventory management solutions for e-commerce businesses.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

StorageVault owns, operates, and leases self-storage space to residential and commercial customers across Canada through 270+ locations and 115,785+ units. Beyond traditional self-storage, the company provides portable storage containers, records management and shredding, last-mile logistics for e-commerce, and moving concierge services. It also offers full-service third-party management for external self-storage property owners, including revenue management, marketing, and operational support.

Product overview

StorageVault Canada Inc. operates a diversified multi-brand storage platform comprising self-storage facilities (Access Storage, Sentinel Storage, Depotium Mini-Entrepôt), portable storage solutions (Cubeit, PUPS Containers, StorageVault Containers), professional records management (RecordXpress, ARMS), last mile logistics (FlexSpace Logistics), and moving concierge services (Movebuddy). The company also provides third-party management services through StorageVault Management Services, making it Canada's largest self storage company. The portfolio spans 270+ storage locations across Canada with over 13.5 million rentable square feet.

Differentiator

Problem solved

Functional benefit

Brands

• Access Storage: Self storage services brand operating across Canada
• Sentinel Storage
• Depotium Mini-Entrepôt
• Cubeit Portable Storage
• StorageVault Containers
• PUPS Containers
• RecordXpress
• FlexSpace Logistics
• MoveBuddy
• ARMS (Access Results Management Services)

Products and services

• Access Storage Self-Storage Units Traditional self-storage unit rentals at multiple Canadian locations for residential and commercial customers.
• Sentinel Storage Self-Storage Units Self-storage brand serving the Canadian market with secure storage units and knowledgeable staff, primarily in British Columbia and Alberta.
• Depotium Mini-Entrepôt Self-Storage Units Quebec-based self-storage brand with over 140 locations nationwide, offering mini-warehouse and self-storage services.
• Cubeit Portable Storage and Moving Portable storage service delivering containers to customer locations for local or long-distance moves across Canada.
• PUPS Containers Portable storage containers brand providing on-site secure storage for tools and supplies.
• StorageVault Containers Heavy-duty on-site storage containers designed for secure storage of tools and supplies at customer locations.
• RecordXpress Records Management and Shredding Records and information management services including offsite document storage, data protection, document imaging, and shredding for businesses.
• FlexSpace Logistics Last-Mile Solutions Last mile storage and logistics platform providing businesses with access to storage space, logistics, and inventory management solutions for e-commerce fulfillment.
• Movebuddy Concierge Moving Service Concierge moving service that coordinates trusted full-service movers in customer areas to ensure seamless transitions.
• ARMS (Access Results Management Services) Records management services including offsite document storage, data protection, and document digitizing for business customers.
• StorageVault Third-Party Management Services Full-service self-storage management company providing store management, revenue management, technology solutions, finance, project management, marketing strategy, portfolio development, and exit strategy services to self-storage property owners.

Quantifiable outcome

• 66% gross profit margin over the last twelve months
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered minor, flagship and core.

• National Storage AffiliatesminorChannel Partner/ Reseller/ Distributor · 23 July 2025JLL Capital Markets arranged the sale of The Storage Vault (73 Horseblock Rd, Bellport, NY) from StorageVault to National Storage Affiliates. Transaction involved a Class A self-storage facility with 749 units.
• Toronto Blue JaysflagshipGTM or Marketing Partner · 14 June 2023Official Self Storage and Portable Storage Provider of the Toronto Blue Jays. All self storage brands (Access Storage, Sentinel Storage, Depotium Mini Entrepot) benefit from the association with the Major League Baseball team.
• Automotive Properties REITcoreStrategic or Co-development Partner · 1 June 202350/50 joint venture between StorageVault and Automotive Properties Real Estate Investment Trust (TSX: APR.UN) to acquire automotive dealership properties. Strategic partnership combining StorageVault's real estate expertise with Automotive Properties REIT's focus on automotive retail real estate.
• Pickups AppminorStrategic or Co-development Partner · 4 August 2022FlexSpace Logistics, a StorageVault brand, partnered with and invested in Pickups - Canada's innovative last mile delivery platform. Strategic investment in technology to enhance e-commerce fulfillment capabilities.
• Canadian Olympic Committee / Team CanadaflagshipGTM or Marketing Partner · 8 February 2021Five-year partnership (2020-2024) naming StorageVault as Official Storage and Moving Partner of Team Canada. Focuses on providing residential, commercial, and portable storage solutions to Canadian athletes and National Sport Organizations. Includes sponsorship of Canada Soccer's National Active Start Soccer Fest program for youth.
• TMX Equity ServicesminorOthersTMX Equity Services serves as StorageVault's transfer agent for stock certificate accounts, address changes, and stock transfers. Contact: 300-5th Avenue S.W., 10th Floor, Calgary, AB, T2P 3C4, Tel: 403-218-2800
• TSX Trust CompanyminorOthersTSX Trust Company administers StorageVault's Dividend Reinvestment Plan (DRIP), allowing shareholders to reinvest dividends in additional common shares at up to 5% discount.

Scale indicators15 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• U-Haul / AMERCO:
• Public Storage: Public Storage (PSA) is the largest self-storage REIT in the United States with thousands of facilities. It is broadly comparable to StorageVault as a self-storage real estate owner/operator, though operating at significantly larger scale and with US geographic exposure.
• Extra Space Storage: Extra Space Storage (EXR) is a major US-listed self-storage REIT with a national portfolio and a third-party management platform. Comparable to StorageVault as a self-storage owner/operator and third-party manager, though at much larger scale and US-focused.
• CubeSmart: CubeSmart (CUBE) is a US self-storage REIT with owned facilities and a sizable third-party management business. Directly comparable to StorageVault on the self-storage operator plus management services model, though larger and US-focused.
• National Storage Affiliates Trust: National Storage Affiliates (NSA) is a US self-storage REIT that has directly transacted with StorageVault (acquiring a StorageVault asset in Bellport, NY). Comparable as a self-storage acquirer and operator using a participating regional operator structure.
• Iron Mountain Incorporated: Iron Mountain (IRM) is a global records management, data storage, and information destruction company. Comparable to StorageVault's RecordXpress and ARMS records management business, though Iron Mountain operates at vastly greater scale across multiple geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/177734989015919
• Instagraminstagram.com/accessstorageca
• Xx.com/StorageVaultInc

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries10 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about StorageVault