M&A Deal Summary

Herc Rentals Acquires Pioneer Equipment Rental and Sales

On September 25, 2012, Herc Rentals acquired business services company Pioneer Equipment Rental and Sales

Acquisition Highlights
  • This is Herc Rentals’ 3rd transaction in the Business Services sector.
  • This is Herc Rentals’ 4th transaction in the United States.
  • This is Herc Rentals’ 1st transaction in Oklahoma.

M&A Deal Summary
Date 2012-09-25
Target Pioneer Equipment Rental and Sales
Sector Business Services
Buyer(s) Herc Rentals
Deal Type Add-on Acquisition

Target

Pioneer Equipment Rental and Sales

Oklahoma, United States
Pioneer Equipment Rental and Sales is an Oklahoma-based construction and industrial equipment rental company, focused primarily on rentals to the industrial and construction markets, that services the Oklahoma, Southern Kansas and Northern Texas markets.

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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 4 of 11
Sector (Business Services) 3 of 10
Type (Add-on Acquisition) 4 of 11
State (Oklahoma) 1 of 1
Country (United States) 4 of 9
Year (2012) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-09 Arpielle Equipment

Long Island, New York, United States

Arpielle Equipment Co., Inc. specializes in a broad line of products for rental and sales and a rapid delivery system to meet customer daily equipment demands in New York City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-26 Hertz Equipment France SA

Trappes, France

Hertz Equipment France SA is a provider of equipment rental services and is based in Trappes, France.

Sell -
Mergr

Product

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