M&A Deal Summary

United Rentals Acquires Skyreach Equipment

On March 8, 2004, United Rentals acquired retailer Skyreach Equipment

Acquisition Highlights
  • This is United Rentals’ 1st transaction in the Retail sector.
  • This is United Rentals’ 1st transaction in Canada.
  • This is United Rentals’ 1st transaction in Alberta.

M&A Deal Summary
Date 2004-03-08
Target Skyreach Equipment
Sector Retail
Buyer(s) United Rentals
Deal Type Add-on Acquisition

Target

Skyreach Equipment

St. Albert, Alberta, Canada
Skyreach Equipment Ltd., is a equipment rental providers. Skyreach Equipment has nine locations in Alberta and three locations in British Columbia.

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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 1 of 27
Sector (Retail) 1 of 14
Type (Add-on Acquisition) 1 of 24
State (Alberta) 1 of 1
Country (Canada) 1 of 3
Year (2004) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-10-14 Atlantic Rentals

Woodstock, New Brunswick, Canada

Atlantic Rentals is an equipment rental company in Canada's Maritime Provinces. The company primarily serves the rental needs of construction, industrial, forestry, fishing and government customers, and provides related equipment sales, parts and service.

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