Cooper Equipment Rentals Acquires EZE Rent‑It Centre and Stayner Rental

Toromont Industries Acquires Tri-City Equipment Rentals

September 11, 2024

Industrial Services

Toronto-based Toromont Industries Ltd. has acquired Tri-City Equipment Rentals, a Guelph, Ontario heavy equipment rental operator with locations across Southwestern Ontario. The acquisition expands Toromont Cat's heavy rental footprint and creates a rental hub in southwestern Ontario; Tri-City's president, Jeff Armishaw, will join Toromont as a strategic advisor.

Herc Rentals Acquires All Rental Center

May 26, 2024

Industrial Services

Herc Rentals (Bonita Springs, Florida) has acquired All Rental Center, a third-generation, family-owned equipment rental provider based in Colorado Springs, Colorado. The deal expands Herc Rentals' footprint and equipment/services offerings in the Colorado Springs market; Catalyst Strategic Advisors served as exclusive advisor to All Rental Center.

Cooper Equipment Rentals Acquires Action Equipment Rentals

March 19, 2024

Industrial Services

Cooper Equipment Rentals Limited has completed the acquisition of 100% of the shares of Action Equipment Rentals Inc., a Red Deer, Alberta-based construction equipment rental company founded in 1991. Action will join Cooper as the Red Deer branch and remain led by General Manager Gabriel Castella-Chin, strengthening Cooper's coverage in the Alberta and Western Canada markets.

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.

Sunbelt Rentals Acquires Nor-Val Rentals

December 10, 2023

Industrial Services

Sunbelt Rentals (Fort Mill, South Carolina) has acquired the six-location rental business of Nor-Val Rentals, a British Columbia–based equipment rental operator. The deal, effective Dec. 1, 2023, transfers Nor-Val's stores in Armstrong, Vernon, Oliver, Penticton, West Kelowna and Kelowna to Sunbelt; former owner Jim Clipperton confirmed the transaction.

Sunbelt Rentals Acquires Van's Equipment Co.

June 22, 2017

Industrial Services

Sunbelt Rentals has acquired Van's Equipment Co., a two-location construction equipment rental company serving the Denver metro (with branches in Dacono and Aurora). The acquisition expands Sunbelt's presence in the Rocky Mountain region; SDR Ventures served as exclusive sell-side advisor to Van's.