H&E Equipment Services Acquires Rental Assets of Giffin Equipment

November 5, 2023

H&E Equipment Services acquired the equipment rental assets of California-based Giffin Equipment, including three rental branches in Ventura, Goleta and Santa Maria and a rental fleet with an original equipment cost of about $13.4 million. The deal expands H&E's branch density and fleet coverage in central and southern California; The Stansberry Firm represented Giffin in the transaction.

Targets
Giffin Equipment
Sellers
Giffin Equipment
Location
California, United States
Transaction Type
Divestiture

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