ABLE Equipment Rental of New York (ABLE), a supplier of construction equipment rentals, sales, service and parts, purchased the equipment rental assets and service operations of Elite Construction Rentals in Wallingford, CT.
The transaction will allow ABLE to broaden its footprint further into southern New England while increasing the size of its fleet and customer base. ABLE will retain the entire Elite Construction Rental team and continue to develop its relationship with Elite’s site services and general trade business, which will continue to operate under the name Elite Construction Resources.
“Elite and its affiliates have dependably served the needs of contractors, sub-contractors and building concerns throughout our mutual footprint for many years,” Steve Laganas, CEO of ABLE Equipment Rental, said. “The company offered a wide range of rental products while providing site and general trade services to a loyal customer base. We are extremely excited that the Elite Construction Rental team has joined the ABLE Equipment Rental team.”
“Strategically, this partnership with Elite will allow us to continue to serve as a dependable provider of aerial equipment and service to Elite’s current customer base,” Chris Pera, COO of ABLE Equipment Rental, said. “Additionally, we’ll be able to offer a broader product range for both rent and sale, further fulfilling Elite’s customer equipment needs.”
Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!