Herc Holdings to Acquire Cloverdale Equipment Company

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 MAC Equipment (Albany, NY)

March 3, 2024

Industrial Services

Herc Rentals has acquired Albany, New York–based MAC Equipment, an independent equipment rental company with more than 20 years in business. Terms were not disclosed; C2 Advisory Group represented MAC Equipment. The deal expands Herc Rentals' presence in New York as the company now serves customers through ~400 locations and about 7,200 employees in North America.

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 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.

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.