Add-on Acquisition • Retail

Neff Acquires Lewis Rents

On October 15, 2015, Neff acquired retailer Lewis Rents

Acquisition Context
  • This is Neff’s 1st transaction in the Retail sector.
  • This is Neff’s 1st transaction in the United States.
  • This is Neff’s 1st transaction in California.

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M&A Deal Summary

Date October 15, 2015
Target Lewis Rents
Sector Retail
Buyer(s) Neff
Deal Type Add-on Acquisition
Advisor(s) Catalyst Strategic Advisors (Financial)

Target Company

Lewis Rents

San Lorenzo, California, United States
Lewis Rents, Inc. is a provider of equipment rental services to residential and commercial sites.
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Buyer Overview 1

Buyer

Neff

Miami, Florida, United States

Category Company
Founded 1989
Sector Retail
Employees1,064
Revenue 397M USD (2016)
DESCRIPTION

Neff Corp. is a construction equipment rental company offers a broad array of equipment rental solutions for its more than 15,000 customers, focusing on key end user markets including infrastructure, non-residential construction, energy and municipal and residential construction. Neff has 69 branches, approximately 1,160 employees and a broad fleet of equipment, including earthmoving, material handling, aerial and other rental equipment to meet specific customer needs.


Deal Context for Buyer #
Overall 1 of 1
Sector: Retail 1 of 1
Type: Add-on Acquisition 1 of 1
State: California 1 of 1
Country: United States 1 of 1
Year: 2015 1 of 1