M&A Deal Summary

H&E Equipment Services Acquires Lewistown

On April 11, 2024, H&E Equipment Services acquired business services company Lewistown

Acquisition Highlights
  • This is H&E Equipment Services’ 7th transaction in the Business Services sector.
  • This is H&E Equipment Services’ 11th transaction in the United States.
  • This is H&E Equipment Services’ 1st transaction in Montana.

M&A Deal Summary
Date 2024-04-11
Target Lewistown
Sector Business Services
Buyer(s) H&E Equipment Services
Deal Type Add-on Acquisition

Target

Lewistown

Lewistown, Montana, United States
Lewistown is an equipment rental business that serves multiple end markets, including non-residential, industrial, and agriculture. Its products include air compressors, floor tools, lifts, and pumps. Lewistown is based in Lewistown, Montana.

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Buyer(S) 1

Buyer

H&E Equipment Services

Baton Rouge, Louisiana, United States
Category Company
Founded 1961
Sector Business Services
Employees2,765
Revenue 1.5B USD (2023)
DESCRIPTION
H&E Equipment Services' corporate headquarters in Baton Rouge, Louisiana.
H&E Equipment Services' corporate headquarters in Baton Rouge, Louisiana.

H&E Equipment Services is a US-integrated equipment services company focused on heavy construction and industrial equipment. H&E rents, sells and provides parts and services support for four core categories of specialized equipment. These include hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. H&E Equipment Services was founded in 1961 and is based in Baton Rouge, Louisiana.

DEAL STATS #
Overall 11 of 11
Sector (Business Services) 7 of 7
Type (Add-on Acquisition) 10 of 10
State (Montana) 1 of 1
Country (United States) 11 of 11
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-11 Precision Rentals

El Mirage, Arizona, United States

Precision Rentals is an equipment rental business that offers a mix of general rental assets with a total fleet size, as measured by original equipment cost. Precision Rentals was formed in 2006 and is based in El Mirage, Arizona.

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