Herc Rentals Acquires Quality Equipment Rentals and Aerial Work Platforms
February 18, 2024
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.
- Buyers
- Herc Rentals Inc.
- Targets
- Quality Equipment Rentals, Aerial Work Platforms, Inc.
- Sellers
- Dennis and Diann Wells, Borgman Capital
- Industry
- Industrial Services
- Location
- United States
- Transaction Type
- Buyout
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