Herc buys company in eastern US

By Belinda Smart01 November 2021

US Herc Rentals has acquired New Hampshire-based equipment rental business Reliable Equipment, “a full service provider of equipment rentals” with a fleet that includes aerial, material handling and earthmoving equipment, as well as specialty climate control and power generation equipment.

The terms of the deal have not been disclosed.

Herc Rentals equipment being delivered.

With branch operations in Dover and Londonderry, New Hampshire, Reliable Equipment was founded in 2010, has more than 50 employees and service coverage from Boston to Portland.

“The addition of Reliable Equipment expands our New England presence to eight physical locations, allowing us to serve existing and new customers with a larger fleet and improved responsiveness, while also providing greater scale to operate more efficiently across the Northeast US,” said Larry Silber, president and chief executive officer of Herc Rentals.

“This transaction supports one of our key strategic initiatives to expand our presence in urban markets across North America. Reliable Equipment is well positioned in the north Boston metropolitan area and to achieve growth in this dynamic market.

“Our combined teams and resources position Herc Rentals to be a preeminent equipment rental partner throughout New England, serving a diverse mix of construction, industrial and government customers.”

The purchase of Reliable is the latest in a number of acquisitions made by Herc Rentals in the North American market including Toronto, Canada based company Rapid Equipment Rental and Ajax, Ontario-based Dwight Crane along with US sister business LRX LLC

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, International Rental Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
Warren Access celebrates 10 years with new depot
UK rental company expands into state-of-the-art southern depot, marking 10 years in the area
IC100 – Enter now
Enter your information now to be ranked in the world’s top 100 crane companies
IRN100 survey: submit your data for 2022
11 April deadline for IRN100 submissions
CONNECT WITH THE TEAM
Ollie Hodges Publisher Tel: +44 (0)1892 786253 E-mail: ollie.hodges@khl.com
Belinda Smart
Belinda Smart Editor Tel: 44 (0)1892 786209 E-mail: belinda.smart@khl.com
CONNECT WITH SOCIAL MEDIA