Sunstate Equipment Acquires AJ Rental Dallas

Sunbelt Rentals Acquires ABC Equipment Rental

May 12, 2024

Industrial Services

Sunbelt Rentals (Fort Mill, S.C.) has acquired ABC Equipment Rental, a multibranch independent equipment rental provider serving the Baltimore and Washington, D.C. markets. Catalyst Strategic Advisors served as exclusive transaction advisor to ABC Equipment Rental; the deal expands Sunbelt's local footprint and equipment fleet in the mid-Atlantic.

Sunstate Equipment Acquires Trench Shore Rentals (TSR)

March 26, 2024

Industrial Services

Sunstate Equipment Co., a Sumitomo Corporation subsidiary, has acquired 100% of the assets and operations of Trench Shore Rentals (including Trebor Shoring Rentals), a trench safety equipment rental business headquartered in Phoenix, Arizona. The deal expands Sunstate's trench-shoring footprint across Arizona, California and Texas and strengthens its trench safety capabilities in the U.S. Southwest.

United Rentals Acquires Franklin Equipment

April 14, 2021

Industrial Services

United Rentals, Inc. acquired Franklin Equipment, LLC, a 20-location regional provider of equipment rentals, sales and related services across the Midwest and Southeast United States. The transaction adds roughly 300 employees and expands United Rentals' presence in key general-construction markets across multiple states.

Tejas Investment Partners Acquires Rent Equip, LLC

December 3, 2020

Industrial Services

Tejas Investment Partners, a Texas-based private investment firm, has acquired Rent Equip, LLC, an Austin-headquartered construction equipment rental, sales and service company. The transaction closed September 30, 2020; Tejas said it will partner with Rent Equip's management to accelerate growth across Texas.

H&E Equipment Services Acquires Precision Rentals

December 11, 2023

Industrial Services

H&E Equipment Services signed a definitive agreement and subsequently completed the acquisition of Phoenix-based Precision Rentals, adding two branch locations (Phoenix and Aurora, Colorado) and a rental fleet with approximately $70 million of original equipment cost. The deal increases H&E's branch density in the Phoenix and Denver metropolitan areas and expands its footprint in attractive non-residential construction markets.

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.