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New Deal


Announced

Completed

United Rentals completed the acquisition of Ahern Rentals for $2bn.

Financials

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Transaction Value£1,689m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA6.45x
Share Price Premium-
One Off Charge-

Tags

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United States

Majority

Friendly

Domestic

Single Bidder

equipment rental

Equipment Rental

Private

Acquisition

Completed

Synopsis

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United Rentals, an equipment rental company, completed the acquisition of Ahern Rentals, an equipment rental company, for $2bn. “Our acquisition of Ahern Rentals supports our strategy to deploy capital to grow the core business and drive shareholder value. We view ourselves as the ideal owner of these assets within our network, as customers will benefit from the combination of the two organizations moving forward together. We’re leveraging our competencies in larger-scale M&A to augment both our near- and long-term earnings power," Matthew Flannery, United Rentals CEO.

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