Zello Acquires Cinelease from Herc Rentals

Herc Rentals Acquires Quality Equipment Rentals and Aerial Work Platforms

February 18, 2024

Industrial Services

Herc Rentals (Herc Holdings Inc.) has acquired two independent U.S. equipment rental businesses: California-based Quality Equipment Rentals and Wisconsin-based Aerial Work Platforms, Inc. The Aerial Work Platforms sale was completed with Borgman Capital (the seller) while Quality Equipment Rentals' majority owners Dennis and Diann Wells sold their business; terms were not disclosed.

Herc Rentals Acquires Summit Equipment Rentals

November 19, 2023

Construction

Herc Rentals has acquired Summit Equipment Rentals, a three-location equipment rental operator in Southern California. The deal expands Herc Rentals' presence in the Los Angeles and San Diego markets; Summit operates facilities in Menifee, Chula Vista and Garden Grove and offers aerial work platforms, earthmoving equipment, water trucks and tools.

Herc Holdings Acquires H&E Equipment Services

February 19, 2025

Industrial Services

Herc Holdings Inc. acquired H&E Equipment Services in a transaction valued at $5.3 billion (including $1.5 billion of assumed debt), after outbidding United Rentals during a go-shop period. Under the terms, H&E shareholders received $78.75 in cash and 0.1287 shares of Herc common stock per share (approximately $104.89 per share based on Herc VWAP), H&E shares ceased trading on NASDAQ, and the combined company expands Herc's footprint, fleet and scale across North America.

Chauvet Acquires LiteGear

January 22, 2025

Manufacturing

Chauvet has acquired LiteGear, the Burbank-based cinematic LED lighting manufacturer, with the merger taking effect January 22, 2025. Chauvet will incorporate LiteGear into a new Chauvet Cinema Group (led by Mike Wagner) alongside Kino Flo to expand its cinematic lighting product portfolio, manufacturing scale and global market reach.

NewSpring Mezzanine Invests in AbelCine

March 23, 2023

Media & Entertainment

NewSpring Mezzanine, the mezzanine strategy of private equity firm NewSpring, has provided subordinated debt financing to AbelCine. The proceeds will be used primarily to purchase video equipment to expand AbelCine's rental division and to facilitate a recapitalization of inactive shareholders; AbelCine is a cinematic equipment supplier, rental house and production services provider with over 125 employees.

Herc Holdings Acquires Dwight Crane Ltd. (and U.S. affiliate LRX LLC)

September 3, 2021

Industrial Services

Herc Holdings Inc. (Herc Rentals) has acquired Dwight Crane Ltd., an entertainment equipment rental business based in Ajax, Ontario, and its U.S. affiliate LRX LLC. The purchase expands Herc's entertainment rental footprint and adds Dwight Crane's lighting technologies and specialty equipment to Herc's portfolio; terms were not disclosed.