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  6. Herc Rentals Acquires H&E Rentals

M&A Deal Summary

Herc Rentals Acquires H&E Rentals

On February 18, 2025, Herc Rentals acquired business services company H&E Rentals

Acquisition Highlights
  • This is Herc Rentals’ 11th transaction in the Business Services sector.
  • This is Herc Rentals’ 10th transaction in the United States.
  • This is Herc Rentals’ 1st transaction in Louisiana.

M&A Deal Summary
Date 2025-02-18
Target H&E Rentals
Sector Business Services
Buyer(s) Herc Rentals
Deal Type Add-on Acquisition

Target

H&E Rentals

Baton Rouge, Louisiana, United States
H&E Equipment Services' corporate headquarters in Baton Rouge, Louisiana.
H&E Equipment Services' corporate headquarters in Baton Rouge, Louisiana.
H&E Rentals 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 Rentals was founded in 1961 and is based in Baton Rouge, Louisiana.

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Buyer(S) 1

Buyer

Herc Rentals

Bonita Springs, Florida, United States
Category Company
Founded 1965
Sector Business Services
Employees7,600
Revenue 3.3B USD (2023)
DESCRIPTION
Herc Holdings' corporate headquarters in Bonita Springs, Florida.
Herc Holdings' corporate headquarters in Bonita Springs, Florida.

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.

DEAL STATS #
Overall 12 of 12
Sector (Business Services) 11 of 11
Type (Add-on Acquisition) 12 of 12
State (Louisiana) 1 of 1
Country (United States) 10 of 10
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-01 Durante Rentals

New Rochelle, New York, United States

Durante Rentals is an independent construction equipment rental provider in the New York Metropolitan area. Durante Rentals primarily serves small to mid-sized contractors through a network of 10 branches across New York, New Jersey, and Connecticut. Durante Rentals was founded in 2009 and is based in New Rochelle, New York.

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