Sunstate Equipment Finalizes Trench Shoring Acquisitions, Names VP of Trench Safety Rental Division
Sunstate Equipment has finalized the asset purchase of Trench Shore Rentals and Trebor Shoring Rentals. This previously announced purchase expands Sunstate’s offering of trench rentals and training services to the Southern California, Arizona, and El Paso, Texas, markets. The combined 19 TSR and Sunstate Trench Safety Rental branches now cover nine states across the U.S.
Leveraging TSR’s decades of experience providing shoring solutions, Sunstate has named TSR’s chief operating officer, Adam Huffman, as vice president of the entire Sunstate Trench Safety Rental division. Huffman brings a deep commitment to operational excellence and strategic leadership from his 20 years with TSR.
“M&A is a common activity in our industry, but it’s a rare opportunity to acquire a seasoned rental company that seamlessly integrates with our existing Trench business while also creating sustainable, long-term synergies across our General Rental business,” said Drew Carson, senior vice president of sales, Sunstate Equipment. “Adam’s leadership, TSR’s experience, plus Sunstate’s nearly five decades of general rental presence is a powerful recipe to accelerate growth and provide an even greater customer experience across both divisions.”
With roots as a founding member of North American Excavation Shoring Association (NAXSA), TSR brings decades of experience and industry-leading best practices to underground projects. Sunstate has been at the forefront of the construction equipment rental industry since 1977 and has rapidly grown its Trench Safety Rentals division since entering the underground rental space six years ago.
“The talent and experience these combined teams will bring to the marketplace is truly exciting,” Huffman said. “I’ve never seen two companies more alike and aligned in their focus on safety, values, and the customer experience. We are all looking forward to the new opportunities that lie ahead.”
Advisors for this transaction include DLA Piper (for Sunstate), and Catalyst Strategic Advisors and Haynes & Boone (for TSR).
Sunstate Equipment, founded by Mike Watts in 1977, is No. 9 on the RER 100, and now has more than 100 general construction, trench and industrial equipment rental branches in 16 states. Sunstate is headquartered in Phoenix. For more information, visit www.sunstateequip.com.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.