Empower Rental Group Acquires Orlando-Based Florida Rental Equipment

Rental Business Advisors announced this week that Florida Rental Equipment LLC, a three-location equipment rental company based in Orlando, Fla., with branch locations in Clermont and DeLand, Fla., has been acquired by Empower Rental Group.
Oct. 26, 2023

Rental Business Advisors announced this week that Florida Rental Equipment LLC, a three-location equipment rental company based in Orlando, Fla., with branch locations in Clermont and DeLand, Fla., has been acquired by Empower Rental Group (ERG), a platform of local equipment rental providers across the southeastern United States.

“We weren’t for sale when we were approached by the ERG team, but after careful consideration it was the best move for the company, its owners, employees and customers,” said Trey Martin, co-owner of Florida Rental Equipment.

“We are very pleased to have sold the company to ERG and believe they will be a great partner to support the growth of the business going forward,” added Martin. “We brought in Fred Hageman of Rental Business Advisors to advise us and handle the entire process and we thank him for getting the deal done in a professional manner.” Fred Hageman of Rental Business Advisors represented Florida Rental Equipment in the transaction.

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.

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