Durante Rentals LLC, a leader in the construction equipment rental industry, announced this week it has acquired the assets of Delaware-based Iron Source LLC, a leading independent equipment rental provider and dealer. The acquisition will expand Durante Rentals’ scale in the Mid-Atlantic region.
Iron Source owners Chess Hedrick and Wyatt Wiggins will remain the day-to-day managers of the business, which will maintain its current branding. All employees will be joining the Durante Rentals team. Iron Source has locations in New Castle, Smyrna and Georgetown, Del.
“When we met with the Iron Source team, we found many common synergies between the two organizations and decided to join forces to enable both our organizations to deliver world-class products and service capabilities, while continuing to offer exceptional customer service,” said Kenneth Cockrill, CEO Durante Rentals.
“We’re excited to join the Durante Rentals team, as we’ll be able to expand our fleet and add resources to the business, enabling us to expand our footprint at a much faster rate,” said Chess Hedrick, Iron Source. “Equally important is that our company values are aligned, and our mutual investment in our employees and their safety is paramount.”
Durante Rentals is based in New Rochelle, N.Y.