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New Deal


Announced

Completed

H&E Equipment completed the acquisition of One Source Equipment Rental for $130m.

Financials

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Transaction Value£113m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2.2x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

United States

Majority

Production Technology Equipment

Acquisition

Private

Friendly

industrial equipment

Domestic

Completed

Synopsis

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H&E Equipment, an equipment company, completed the acquisition of One Source Equipment Rental, a provider of non-residential construction and industrial equipment, for $130m. “For more than 20 years, One Source has emphasized a culture where equipment reliability and customer support and satisfaction are vital features for success, resulting in an equipment rental operation with strong consumer loyalty throughout its branch network. These important attributes, which are underscored by a dedicated base of employee owners, offer an exceptional cultural fit with H&E," Brad Barber, H&E Equipment Services CEO.

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