Herc Rentals recently acquired Rental Works of Maryland, an independent equipment rental company serving the Maryland, Washington D.C., and Northern Virginia markets.
Herc Rentals recently acquired Rental Works of Maryland, an independent equipment rental company serving the Maryland, Washington D.C., and Northern Virginia markets.
“We are excited to join forces with Herc,” said David Graham, managing partner of Rental Works of Maryland. “We are confident that our shared cultures, built on integrity, respect, teamwork, and accountability, will make this a great business combination. My partners and I would like to thank our customers and our team for making Rental Works of Maryland successful, and we look forward to great things to come as part of the Herc team.”
Herc Rentals is ranked third on the RER 100 with more than 400 locations across North America and total revenues of approximately $3.3 billion in 2023.
Catalyst Strategic Advisors served as the exclusive transaction advisor to Rental Works of Maryland.
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.
