United Rentals and RSC Holdings said they have entered into an agreement under which United Rentals will acquire RSC in a cash-and-stock transaction valued at $4.2 billion, including $2.3 billion of net debt. read more
DEC 16, 2011 - 8:30 am
Volvo Rents added to its ongoing roll of acquisitions with the purchase of Richardson Equipment, doing business as R-Quip Equipment Rentals, based in Kansas, the Rental Equipment Register reported. read more
DEC 9, 2011 - 8:25 am
TCF Financial said that its wholly owned subsidiary, TCF National Bank, has completed its previously announced acquisition of Gateway One Lending & Finance. With the completion of the transaction, Gateway One is now a wholly-owned subsidiary of TCF National Bank. read more
DEC 2, 2011 - 8:10 am
Rental Equipment Register reported that Sunbelt Rentals has acquired Southern California aerial rental business Pacific High Reach & Equipment Services, acquiring substantially all its assets under Section 363 of the bankruptcy code for about $17.4 million. read more
NOV 30, 2011 - 8:20 am
Biologics Modular said it has entered into an agreement with MEI Healthcare Capital to provide a leasing program for cleanrooms and manufacturing facilities for Biologics' current and potential customers. read more
NOV 28, 2011 - 9:12 am
An affiliate of the Original Joe's restaurant chain has signed a deal to acquire Elephant & Castle Group, an operator of British-style restaurant pubs, for $22.75 million. The company owes GE Canada Equipment Financing $18.8 million and Fifth Street Finance $3.5 million, a BusinessWeek article said. read more
NOV 28, 2011 - 9:08 am
Odyssey Investment said it acquired TNT Crane and Rigging from MML Capital. TNT is a mobile crane rental company serving the Texas, Louisiana and Oklahoma region. read more
NOV 22, 2011 - 8:10 am
Platinum Equity and Hammond, Kennedy, Whitney said that Platinum Equity has acquired fleet equipment rental company NESCO from an investor group led by HKW. NESCO founder and CEO Rob Troxel will retain an ownership stake. read more
NOV 1, 2011 - 8:25 am
Titan Machinery said it has entered into a definitive agreement to acquire Van Der Werff Implement, a Case IH and New Holland agriculture equipment dealership located in Platte, SD. The acquisition is expected to close on or around November 1, 2011. read more
OCT 20, 2011 - 8:10 am
Ascentium Capital announced its merger with American Equipment Finance and the appointment of Richard A. Baccaro as EVP of Sales and Marketing responsible for managing the sales operations of Ascentium Capital. Len Baccaro, as SVP of Sales, will be responsible for direct originations in the Petroleum, Convenience Store, Car Wash and Franchise Industries. read more
OCT 19, 2011 - 9:01 am
TCF Financial said it has signed an agreement to acquire Gateway One Lending & Finance. Gateway One, which has a managed portfolio of $406 million, originates loans to consumers through 3,100 active dealerships in 30 states. read more
OCT 13, 2011 - 4:12 pm
SunGard said it acquired Northern Arch's 42 solution, a global leasing and financing process management solution. The acquisition creates a new business within SunGard for asset finance and leasing, which will be integrated into SunGard's Ambit solution portfolio within the corporate banking business unit. read more
OCT 4, 2011 - 8:30 am
Engine Lease Finance said it entered into an agreement with Macquarie to acquire 47 aircraft engine assets. Upon completion of the transaction, ELFC's owned and managed portfolio will include close to 300 modern aircraft engines. read more
SEP 28, 2011 - 9:00 am
Titan Machinery said it closed on two acquisitions in Nebraska. Virgl Implement consists of one Case IH agriculture equipment dealership and Victors consists of one Case IH agriculture equipment dealership. read more
SEP 6, 2011 - 9:41 am
Hertz Global Holdings said it completed the acquisition of Donlen Corporation, a fleet leasing and management services firm. Hertz funded the acquisition with $177 million in cash proceeds and assumed $770 million in Donlen fleet debt. read more
SEP 2, 2011 - 9:27 am