H&E Equipment Services Completes Acquisition of Rental Inc.

H&E Equipment Services announced it has completed its acquisition of Rental Inc., a non-residential construction-focused equipment rental company with five branches in Alabama and Florida and assets including approximately $35 million of fleet based on original equipment cost.
April 3, 2018

H&E Equipment Services announced it has completed its acquisition of Rental Inc., a non-residential construction-focused equipment rental company with five branches in Alabama and Florida and assets including approximately $35 million of fleet based on original equipment cost.

“We are quickly executing on our stated strategy of expanding our business through the acquisition of rental companies,” said John Engquist, CEO of H&E Equipment Services. “Since January, we have acquired two well-run businesses that complement our existing operations and broaden our geographic footprint. With the acquisitions of CEC and Rental Inc., we have added eight branches and increased our total branch count to 88. We are continuing to evaluate additional acquisitions in addition to expanding through Greenfield and warm start growth.”

H&E Equipment Services, No. 9 on the RER 100, is based in Baton Rouge, La.

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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