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

Herc Holdings to Acquire Cloverdale Equipment Company

March 15, 2022

Transportation

Herc Holdings Inc. (Herc Rentals) entered a purchase agreement to acquire Cloverdale Equipment Company. The deal is subject to customary closing conditions and regulatory approvals and is expected to close in the second quarter of 2022; terms were not disclosed.

Capital Extension Acquires Long Island Crane & Rigging

June 13, 2024

Industrial Services

Capital Extension Crane & Lift, a Memphis-based heavy equipment holding company, has acquired Long Island Crane & Rigging, a Westhampton Beach, New York crane rental, rigging and transportation services provider. Protegrity Advisors served as exclusive advisor to Long Island Crane & Rigging; Brad Allan will remain in his leadership role as the business becomes part of Capital Extension’s portfolio to expand its New York-area coverage.

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 Holdings Completes Acquisition of H&E Equipment Services

February 19, 2025

Industrial Services

Herc Holdings Inc. completed its acquisition of H&E Equipment Services, Inc. d/b/a H&E Rentals. Under the merger terms, H&E shareholders received $78.75 in cash and 0.1287 shares of Herc stock per H&E share.

Herc Rentals Acquires Rental Works

March 5, 2024

Construction

Herc Rentals has acquired Annapolis-based Rental Works, a regional equipment rental company operating five locations across Maryland, Northern Virginia and Delaware. The acquisition brings Rental Works' management (including Sam Graham) into Herc's operations and expands Herc's footprint and service capacity in the Mid-Atlantic construction and industrial markets.

The Manitowoc Company Acquires H&E Equipment Services' Crane Business

October 1, 2021

Industrial Services

The Manitowoc Company, Inc. has completed the acquisition of the crane business of H&E Equipment Services, Inc. for approximately $130 million. The acquired business will operate under Manitowoc’s wholly-owned subsidiary MGX Equipment Services, LLC and adds fourteen full‑service branch locations plus field service technicians to expand Manitowoc’s aftermarket capabilities and regional footprint.