United Rentals Acquires Ahern Rentals for $2.0 Billion
November 14, 2022
United Rentals agreed to acquire the assets of family-owned Ahern Rentals, Inc. for approximately $2.0 billion in cash. The acquisition expands United Rentals' branch footprint, adds over 60,000 rental assets and ~2,100 employees, and is expected to be accretive to earnings while delivering cost and revenue synergies.
- Buyers
- United Rentals, Inc.
- Targets
- Ahern Rentals, Inc.
- Sellers
- Ahern Rentals (family-owned)
- Industry
- Industrial Services
- Location
- Nevada, United States
- Transaction Type
- Buyout
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