M&A Deal Summary

United Rentals Acquires General Finance

On April 15, 2021, United Rentals acquired business services company General Finance for 996M USD

Acquisition Highlights
  • This is United Rentals’ 7th transaction in the Business Services sector.
  • This is United Rentals’ 8th largest (disclosed) transaction.
  • This is United Rentals’ 21st transaction in the United States.
  • This is United Rentals’ 2nd transaction in California.

M&A Deal Summary
Date 2021-04-15
Target General Finance
Sector Business Services
Buyer(s) United Rentals
Deal Type Add-on Acquisition
Deal Value 996M USD
Advisor(s) Morrison & Foerster (Legal)

Target

General Finance

Pasadena, California, United States
General Finance provides mobile storage, modular space, and liquid containment and rental service to ("portable services") industries. General Finance was founded in 2005 and is based in Pasadena, California.

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Buyer(S) 1

Buyer

United Rentals

Stamford, Connecticut, United States
Category Company
Founded 1997
Sector Business Services
Employees26,650
Revenue 14.3B USD (2023)
DESCRIPTION
United Rentals location in Hermantown, Minnesota.
United Rentals location in Hermantown, Minnesota.

United Rentals is an equipment rental company, with an integrated network of rental locations in the US and Canada. The company serves construction and industrial customers, utilities, municipalities, homeowners and others. United Rentals was founded in 1997 and is based in Stamford, Connecticut.

DEAL STATS #
Overall 24 of 27
Sector (Business Services) 7 of 8
Type (Add-on Acquisition) 21 of 24
State (California) 2 of 2
Country (United States) 21 of 23
Year (2021) 2 of 2
Size (of disclosed) 8 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-14 Franklin Equipment

Groveport, Ohio, United States

Franklin Equipment is a provider of equipment rentals, sales, and related services in the Midwest and Southeast United States. Franklin Equipment was founded in 2008 and is based in Groveport, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-14 Ahern Rentals

Las Vegas, Nevada, United States

Ahern Rentals is an owned rental company serve construction and industrial customers, utilities, municipalities, homeowners and others. Ahern Rentals was founded in 1953 and is based in Las Vegas, Nevada.

Buy $2.0B
Mergr

Product

Company

Legal