Herc Rentals, a North American equipment rental supplier, completed its acquisition of Toronto-based Rapid Equipment Rentals, a general equipment rental company with 110 employees and seven locations serving construction and industrial customers throughout the Greater Toronto Area.
Herc Rentals also acquired Chicago-based SkyKing Lift Rentals, a single-location equipment rental business specializing in mobile elevating work platforms, including scissor and boom lifts. The addition of SkyKing expands Herc Rentals’ Chicago-area presence to six physical locations.
“I am pleased to welcome Rapid Equipment and SkyKing to team Herc,” Larry Silber, president and CEO of Herc Rentals, said. “With both teams now on board, we have significantly improved our coverage in the dynamic Toronto and Chicago equipment rental markets as we continue to serve a diverse mix of construction, industrial and government customers.”
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