H&E Equipment Services completed its acquisition of We-Rent-It, a non-residential construction-focused equipment rental company in Texas.
The assets included an approximately $75 million fleet, based on original equipment cost, and six branches serving the growing central Texas market.
Brad Barber, H&E president and CEO, said, “With the WRI acquisition, we expand our presence to 22 branches in Texas and improve our ability to better serve the healthy markets in the central portion of the state. As a pillar of our growth strategy, we are continuing to pursue acquisitions that improve our density and complement our existing business within our footprint as well as enter new markets with solid non-residential construction demographics.”
H&E Equipment Services is an integrated equipment services company with 96 full-service facilities throughout the West Coast, Intermountain, Southwest, Gulf Coast, Mid-Atlantic and Southeast regions. It focuses on heavy construction and industrial equipment and rents, sells, and provides parts and services support for hi-lift or aerial platform equipment, cranes, earthmoving equipment and industrial lift trucks.
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