Tracked deals
4
4 tracked deals across 2022-2024.
Public Company
Industrial Services
H&E Equipment Services
Baton Rouge, Louisiana, United States
Founded in 1961, H&E is one of the largest equipment rental companies in the U.S., providing equipment rentals with a national fleet and local approach for construction and industrial customers.
- Focus Areas
- Equipment rental, Construction equipment rentals, Industrial equipment rentals
- Website
- he-equipment.com
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Buyout
3 buyout · 1 divestiture
H&E Equipment Services Acquisition Volume by Year
Last 3 years
Supporting Data
Recent Transactions
-
- Buyer
- H&E Equipment Services, Inc.
- Target
- Lewistown Rental and affiliated companies
- Industry
- Industrial Services
- Location
- Montana, United States
- Type
- Buyout
H&E Equipment Services, Inc. signed a definitive agreement to acquire Lewistown Rental, a Lewistown, Montana-based equipment rental business, along with three affiliated locations in Havre, Glasgow and Great Falls, Montana. The deal extends H&E's branch footprint in Montana and adds a diverse fleet with an original equipment cost estimated at $28.5 million; the transaction is expected to close in Q2 2024.
-
December 11, 2023
- Buyer
- H&E Equipment Services, Inc.
- Target
- Precision Rentals
- Industry
- Industrial Services
- Location
- Arizona, United States
- Type
- Buyout
H&E Equipment Services signed a definitive agreement and subsequently completed the acquisition of Phoenix-based Precision Rentals, adding two branch locations (Phoenix and Aurora, Colorado) and a rental fleet with approximately $70 million of original equipment cost. The deal increases H&E's branch density in the Phoenix and Denver metropolitan areas and expands its footprint in attractive non-residential construction markets.
-
November 5, 2023
- Buyer
- H&E Equipment Services
- Target
- Giffin Equipment
- Seller
- Giffin Equipment
- Industry
- Industrial Services
- Location
- California, United States
- Type
- Divestiture
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.
-
September 19, 2022
- Buyer
- H&E Equipment Services, Inc.
- Target
- One Source Equipment Rentals, Inc.
- Industry
- Industrial Services
- Location
- United States
- Type
- Buyout
H&E Equipment Services signed a definitive agreement to acquire One Source Equipment Rentals, a non-residential construction and industrial equipment rental provider with operations in the Midwest and Southern U.S. H&E is expected to pay $130 million in cash, and the transaction was expected to close in Q4 2022, pending customary conditions. H&E later announced the acquisition closed effective October 1, 2022, adding 10 branches and approximately $138 million in fleet to its network.
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