Strickland - Mon January 14, 2019
Strickland Acquires ACS
Strickland, a producer of excavator attachments headquartered in the United Kingdom, recently announced the acquisition of ACS Industries Inc. , including the Asbury brand. According to Strickland's Mick Crimmins, the decision to acquire ACS was driven by the complementary product lines the two companies produce, the combination of which will give Strickland a full production offering....
H&E Equipment - Wed January 09, 2019
H&E Equipment Services to Acquire Texas-Based Construction Equipment Rental Company
H&E Equipment Services Inc. announced its entry into a definitive agreement to acquire We-Rent-It (WRI), a non-residential construction-focused equipment rental company with six branches serving the growing central Texas market....
Morbark - Fri January 04, 2019
Acquisition Gives Morbark a Strong, Global Mulcher Attachment Line, Future Growth
Morbark LLC announced that it has completed the acquisition of DENIS CIMAF Inc. , based in Roxton Falls, Québec. This transaction represents the company's second acquisition since private equity firm Stellex Capital Management LP acquired Morbark in 2016....
Craig Mongeau - CEG Editor in Chief - Thu December 20, 2018
Hoffman Equipment Ramps Up Volvo Presence in Northeast
When Hoffman Equipment's acquisition of Penn-Jersey Machinery became official on Nov. 19, 2018, it was the culmination of the usual back-and-forth business negotiations — maybe it'll happen … maybe it won't....
Sunroc Corporation - Tue December 18, 2018
Sunroc Acquires Tri-County Concrete, Retains Employees
Sunroc Corporation (Sunroc), a construction services company serving Utah, Idaho and Wyoming, announced it has closed on the asset acquisition of Roosevelt-based concrete company, Tri-County Concrete. The acquisition will amplify Sunroc's current service area in Utah, making the company among the largest sand and gravel, ready-mixed concrete and construction service companies in Utah....
United Rentals - Mon December 03, 2018
United Rentals Completes Acquisition of WesternOne Rentals & Sales
United Rentals, Inc. announced that United Rentals of Canada, Inc., a wholly-owned subsidiary of the company, has completed the previously announced acquisition of WesternOne Rentals & Sales LP ("WesternOne") for a cash purchase price of approximately $90.4 million....
KPS - Wed November 07, 2018
KPS Capital Partners to Sell Attachments Division of International Equipment Solutions
KPS Capital Partners, LP ("KPS") announced that it has signed a definitive agreement, through an affiliate, to sell the attachments division of International Equipment Solutions, LLC ("IES"), consisting of IES' Paladin, Genesis and Pengo business units, along with all brands and operations within those units, (collectively, "IES Attachments" or the "Company") to Stanley Black & Decker, Inc....
United Rentals - Wed October 31, 2018
United Rentals Completes Acquisition of BlueLine, Updates Guidance
United Rentals, Inc. announced that it has completed its previously announced acquisition of BlueLine from Platinum Equity for a total purchase price of approximately $2.1 billion in cash. The company used a combination of newly issued debt and bank borrowings to fund the transaction and related expenses....
Doosan - Thu October 25, 2018
Roland Machinery Co., Expands With New Location, Acquisition
Roland Machinery Company, an authorized Doosan Portable Power dealer, is expanding its operations with the opening of a new location in Franksville, Wisc., and the recent acquisition of Heavy Equipment Specialist LLC, in Slinger, Wisc....
United Rentals - Mon October 22, 2018
United Rentals to Expand in Western Canada With Acquisition
United Rentals, Inc. (“United Rentals”) has announced that United Rentals of Canada, Inc. , a wholly-owned subsidiary of the company, has entered into a definitive agreement to acquire the assets of WesternOne Rentals & Sales LP (“WesternOne”) from parent WesternOne Inc....
