M&A Deal Summary

Ashtead Group Acquires NationsRent

On July 19, 2006, Ashtead Group acquired building materials company NationsRent for 1.0B USD

Acquisition Highlights
  • This is Ashtead Group’s 1st transaction in the Building Materials sector.
  • This is Ashtead Group’s largest (disclosed) transaction.
  • This is Ashtead Group’s 1st transaction in the United States.
  • This is Ashtead Group’s 1st transaction in Florida.

M&A Deal Summary
Date 2006-07-19
Target NationsRent
Sector Building Materials
Buyer(s) Ashtead Group
Deal Type Add-on Acquisition
Deal Value 1.0B USD

Target

NationsRent

Fort Lauderdale, Florida, United States
NationsRent, Inc. is one of the largest full service equipment companies in the United States, operating 268 locations (including 100 at Lowe's Home Improvement locations) in 26 states. NationsRent specializes in rentals and also sells new and used equipment with related merchandise, parts and supplies, and provides maintenance and repair services.

Search 199,968 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Ashtead Group

London, United Kingdom
Category Company
Founded 1947
Sector Retail
Employees25,958
Revenue 10.9B GBP (2024)
DESCRIPTION

Ashtead Group is an international equipment rental company with national networks in the US and the UK. We rent a full range of construction and industrial equipment across a wide variety of applications to a diverse customer base. Ashtead Group was incorporated in 1947 and is based in London, the United Kingdom.

DEAL STATS #
Overall 1 of 4
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 1 of 4
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-23 Ashtead Technology

Westhill, United Kingdom

Ashtead Technology is a provider of subsea equipment and services to the offshore oil and gas industry with a strong customer base built on trust and quality. With offices in the UK, Houston, and Singapore, Ashtead is focused on delivering cost savings and value-added services to its customers. Ashtead Technology was founded in 1985 and is based in Westhill, United Kingdom.

Sell £96M
Mergr

Product

Company

Legal