Herc Rentals - M&A Summary and Business Overview

Business ServicesCompany

Herc Rentals M&A Summary

Herc Rentals has acquired 11 companies, including 6 in the last 5 years. A total of 2 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 (90%) 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 2,739M USD for 2022 and 2,073M USD for 2021.

How many employees does Herc Rentals have?

Herc Rentals has 6,600 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 Activity13
    • M&A Buy Activity10
    • M&A Sell Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 4

Herc Rentals

Herc Holdings Inc.

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

Herc Holdings Inc. is an equipment rental supplier serving the North American market with approximately 280 company-operated branches. Herc Holdings 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. The equipment rental business is supported by ProSolutions, Herc's industry-specific solutions-based services, and its ProContractor Tools line, both aimed at helping customers work more efficiently, effectively and safely. Herc Holdings 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 (1.2/yr) # 4 - 5 1 - - 10
Sell (0.2/yr) # 2 1 - - - - 3
  13

Most Recent M&A

Company Date Value Type
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
Pioneer Equipment Rental and Sales 2012-09-25 - Add-on Acquisition
, Oklahoma
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 9 (90%) - 3 (100%) -
Retail 1 (10%) - - -
Total 10 - 3 -

By Geo

State/Country Buy Value Sell Value
United States 8 - 1 -
  California 2 - - -
  Texas 1 - - -
  Oklahoma 1 - - -
  New York 1 - - -
  New Mexico 1 - - -
  New Hampshire 1 - - -
  Michigan 1 - - -
  Florida - - 1 -
Canada 2 - - -
  Ontario 2 - - -
France - - 1 -
Spain - - 1 -
Domestic 8 (80%) - 1 (33%) -
Cross-border 2 (20%) - 2 (67%) -
Total 10 - 3 -

M&A Connections

Deals
Acquired from
Investor(s)
10%
1 (10%)
Divested to
Strategic(s)
100%
3 (100%)

Company Summary

SECTOR

Business Services

Revenue

2,739   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

6,600

Established

1965

Public

NYSE: HRI

Former Name

Hertz Equipment Rental Corp.

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