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McGrath RentCorp operates as a business-to-business rental company in the United States. It operates in four segments: Mobile Modular Management Corporation (Mobile Modular)- TRS-RenTelco- Adler Tank Rentals, LLC (Adler Tanks)- and Enviroplex, Inc. (Enviroplex). The Mobile Modular segment rents and sells modular buildings, portable storage units, and equipment to fulfill customers' temporary and permanent classroom, office space, and storage needs in California, Texas, Florida, North Carolina, Georgia, Maryland, Virginia, and Washington, D.C. These modular units are primarily used as classrooms, offices, and construction field offices. This segment serves education and commercial customers. The TRS-RenTelco segment rents and sells electronic test equipment. It offers general-purpose test equipment, including oscilloscopes, amplifiers, analyzers, and signal source/power source test equipment to aerospace, defense, electronics, industrial, research, and semiconductor industries- and communications test equipment, such as network and transmission test equipment for various fiber, copper, and wireless networks primarily to communications equipment and product manufacturers, electrical and communications installation contractors, field technicians, and service providers. The Adler Tank segment rents tanks and boxes used for various containment solutions to store hazardous and non-hazardous liquids and solids in applications, such as oil and gas exploration and field services, refinery, chemical and industrial plant maintenance, environmental remediation and field services, heavy and commercial building construction, marine services, pipeline construction and maintenance, tank terminal services, wastewater treatment, and waste management and landfill services. The Enviroplex segment manufactures and sells portable classrooms to public school districts and other educational institutions in California. The company was founded in 1979 and is based in Livermore, California.