H&E acquires We Rent It

By Lindsey Anderson11 February 2019

H&E Equipment Services Inc. completed its $100-million acquisition of We-Rent-It, a nonresidential construction equipment rental company with six branches in Texas.

The assets include $75 million of fleet, the company reported, and the move increases H&E’s Texas presence to 22 branches.

Brad Barber, H&E’s chief executive officer and president, said, “With the WRI acquisition, we improve our ability to better serve the healthy markets in the central portion of the state. As a pillar of our growth strategy, we are continuing to pursue acquisitions that improve our density and complement our existing business within our footprint as well as enter new markets with solid non-residential construction demographics.”

 

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, Access International Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Loxam accelerates environmental shift
Equipment rental company aims to halve direct emissions by 2030 and cut indirect emissions by 30%
10 ways to join the hydrogen power revolution
Interest in the use of hydrogen has soared over the past few years as the construction industry races to reduce its carbon footprint. We roundup some recent initiatives
Sinoboom agrees TVH deal
Deal will see parts and service supplied to all Sinoboom’s geographical operations.
CONNECT WITH THE TEAM
Euan Youdale Editor, Access International Tel: +44 (0)1892 786 214 E-mail: euan.youdale@khl.com
Ollie Hodges Sales Manager Tel: +44 (0)1892 786253 E-mail: ollie.hodges@khl.com
CONNECT WITH SOCIAL MEDIA