Herc Rentals - M&A Summary and Business Overview

Business ServicesCompany

Herc Rentals M&A Summary

Herc Rentals has acquired 12 companies, including 7 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 3 assets.

Herc Rentals has acquired in 7 different US states, and 2 countries. The Company’s most targeted sectors include business services (91%) and retail (10%).

Herc Rentals Business Overview

Where is Herc Rentals headquartered?

Herc Rentals is headquartered in Bonita Springs, Florida.

What is Herc Rentals’ revenue?

Herc Rentals disclosed revenue of 3,282M USD for 2023 and 2,740M USD for 2022.

How many employees does Herc Rentals have?

Herc Rentals has 7,600 employees.

What sector is Herc Rentals in?

Herc Rentals is a business services company.

When was Herc Rentals founded?

Herc Rentals was founded in 1965.

M&A Summary

  • M&A Total Activity14
    • M&A Buy Activity11
    • M&A Sell Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 5

Herc Rentals

Herc Holdings, Inc.

27500 Riverview Center Boulevard,
Bonita Springs, Florida 34134
United States,
(239) 301-1000
www.hercrentals.com

Herc Rentals is an equipment rental supplier. Herc Rentals is a full-line equipment-rental supplier in key markets, including commercial and residential construction, industrial and manufacturing, refineries and petrochemicals, civil infrastructure, automotive, government and municipalities, energy, remediation, emergency response, facilities, entertainment and agriculture. Herc Rentals was formed in 1965 and is based in Bonita Springs, Florida.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.4/yr) # 4 - 5 1 - 1 11
Sell (0.2/yr) # 2 1 - - - - 3
  14

Most Recent M&A

Company Date Value Type
Durante Rentals LLC 2024-07-01 - Add-on Acquisition
New Rochelle, New York · www.duranterentals.com
Cloverdale Equipment Co. 2022-03-15 - Add-on Acquisition
Oak Park, Michigan · www.cloverdale-equip.com
Reliable Equipment LLC 2021-11-01 - Add-on Acquisition
Londonderry, New Hampshire · www.reliableequipment.net
Rapid Equipment Rental Ltd. 2021-10-07 - Add-on Acquisition
Mississauga, Ontario · www.rapid-rents.com
Dwight Crane Ltd. 2021-09-03 - Add-on Acquisition
Ajax, Ontario · www.dwightcrane.com
CBS Rental 2021-08-17 - Add-on Acquisition
Carlsbad, New Mexico · www.teamcbs.com
Champion Rentals, Inc. 2021-01-04 - Add-on Acquisition
Houston, Texas · www.champrentals.com
Herc Holdings Inc. - Atlantic Canada Assets 2020-09-17 - Divestiture
Bonita Springs, Florida
Hertz Equipment France SA 2015-06-26 - Divestiture
Trappes, France
Hertz Alquiler de Maquinaria S.L. 2015-06-26 - Divestiture
Madrid, Spain
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 10 (91%) - 3 (100%) -
Retail 1 (9%) - - -
Total 11 - 3 -

By Geo

State/Country Buy Value Sell Value
United States 9 - 1 -
  New York 2 - - -
  California 2 - - -
  Texas 1 - - -
  Oklahoma 1 - - -
  New Mexico 1 - - -
  New Hampshire 1 - - -
  Michigan 1 - - -
  Florida - - 1 -
Canada 2 - - -
  Ontario 2 - - -
France - - 1 -
Spain - - 1 -
Domestic 9 (82%) - 1 (33%) -
Cross-border 2 (18%) - 2 (67%) -
Total 11 - 3 -

M&A Connections

Deals
Acquired from
Investor(s)
18%
2 (18%)
Divested to
Strategic(s)
100%
3 (100%)

Company Summary

SECTOR

Business Services

Revenue

3,282   20% 2023
2,740   33% 2022
2,073   17% 2021
1,781   11% 2020
1,999   2% 2019
1,977   13% 2018
1,755   13% 2017
1,555   8% 2016
1,678   6% 2015
1,770   2014
(millions of USD) Show More Show Less

Employees

7,600

Established

1965

Public

NYSE: HRI

Former Name

Hertz Equipment Rental Corp.

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