M&A Deal Summary

Cross Rental Services Acquires All Seasons Hire

On September 30, 2021, Cross Rental Services acquired business services company All Seasons Hire from HSS Hire

Acquisition Highlights
  • This is Cross Rental Services’ 2nd transaction in the Business Services sector.
  • This is Cross Rental Services’ 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2021-09-30
Target All Seasons Hire
Sector Business Services
Buyer(s) Cross Rental Services
Sellers(s) HSS Hire
Deal Type Add-on Acquisition

Target

All Seasons Hire

Hampshire, United Kingdom
All Seasons Hire is an HVAC rental companies, focussed on delivering specialist heating and cooling solutions to a blue-chip customer base including FM’s, manufacturing, logistics, local government, and M&E contractors. All Seasons Hire was established in 2006 and is based in Hampshire, United Kingdom.

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Buyer(S) 1

Buyer

Cross Rental Services

Andover, United Kingdom

Category Company
Sector Business Services
DESCRIPTION

Cross Rental Services provides specialist, mission-critical cooling and heating equipment and services on a rental basis to a variety of end markets across both Ireland and the UK. The business comprises two divisions: Refrigeration & Catering Solutions (‘R&CS’) and Climate Control Solutions (‘CCS’). The R&CS division provides a fully managed turn-key service for a range of commercial refrigeration and catering assets, with a market-leading position for long-term retail refrigeration rental in the UK and Ireland. The CCS division provides a large base of blue-chip customers with heating and cooling solutions, focusing primarily on chillers, boilers, heaters, and air-conditioning, with a specialization in technically complex products which are used for high-criticality applications. Cross Rental Services is based in Andover, United Kingdom.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-15 Swegon Hire UK

Shropshire, United Kingdom

Swegon Hire UK is a hiring company with a 30-year heritage in the UK HVAC industry. The business is well known for supplying temporary cooling and heating solutions, particularly servicing the manufacturing, food & beverage and defense industries. Swegon Hire is based in Shropshire, United Kingdom.

Buy -

Seller(S) 1

SELLER

HSS Hire

Manchester, United Kingdom

Category Company
Founded 1957
Sector Business Services
Employees2,000
Revenue 349M GBP (2023)
DESCRIPTION

HSS Hire is a national supplier of tools, equipment and related services. HSS is a tool and equipment hire chain that has been serving big businesses, trade and DIY customers since 1957. Operating under the banner of HSS Hire, the group has an established nationwide network with a 2,000-strong workforce and a fleet of over 500 liveried vehicles. HSS operates from a national network of 230 distribution centres and branches in UK and Ireland. HSS Hire was formed in 1957 and is based in Manchester, United Kingdom.


DEAL STATS #
Overall 2 of 3
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 2 of 3
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-14 UK Platforms

Lutterworth, United Kingdom

UK Platforms Ltd. is a nationwide hire company providing supplying an extensive range of full range of the latest powered access equipment, electric and diesel-powered access products, including scissor lifts, boom lifts, and telehandlers. its customers base is spread across a range of industries including construction, facilities management, maintenance, and signage.

Sell £61M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-28 Abird

Sandwich, United Kingdom

Abird is a diesel-electric generator hire company that specializes in short and long-term contracts supplying, fitting, and servicing single and three-phase generators from 20kVA to 1250kVA. Abird operators across a diverse range of industry sectors and supplies additional hire services including lighting towers and suppliers to support power generation. Abird was founded in 1990 and is based in Sandwich, United Kingdom.

Sell -