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Opifex-Synergy acquires Equipment Finders

US-based rental company Opifex-Synergy has acquired Nashville-based independent equipment rental provider Equipment Finders making it the 7th largest general rental business in the US, the company announced.

Photo: Opifex-Synergy

Equipment Finders Inc (EFI) is a privately owned company headquartered in Nashville, Tennessee. Founded in 1996 and with around 40 employees, it serves the Middle Tennessee region with a wide range of equipment. It’s fleet has a replacement value of approximately US$14 million.

EFI founder Scott Hatcher will join Opifex-Synergy’s corporate leadership team as vice president of corporate development and will join the management advisory committee.

Opifex-Synergy said that following the deal it will have a multi-branch presence in 10 of the top 22 metropolitan areas in the country. The business expanded in 2024 following the merger of Opifex LLC and Synergy Equipment and focuses on the south west and south east markets of the USA.

It added that it had a growth plan focused on increasing organic same-store sales, expanding specialty rental product and service offerings, and pursuing strategic acquisitions.

“We’ve had a great year at Opifex-Synergy, and acquiring Equipment Finders is another giant step forward for our team,” said Opifex founder Jay Vaughn III, who the company recently named as CEO of Opifex-Synergy. “The EFI deal fits perfectly with our strategy of focusing on the largest markets in the Sunbelt region.

“Nashville is one of the 22 metropolitan areas in the country that drive over half of all construction spending. EFI is exactly the kind of partner we want on our growth journey, bringing a strong business, great people, and a track record of winning customers. I’m pleased to welcome Scott Hatcher and the entire EFI team to Opifex-Synergy.”

EFI’s Scott Hatcher added; “Joining Opifex-Synergy is an exciting next chapter for EFI,“We’ve built our business on strong relationships, operational excellence, and a commitment to our customers—values that align perfectly with Opifex-Synergy’s approach.”

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