H&E Equipment Services completed the acquisition of Precision Rentals.

H&E Equipment Services, one of the largest equipment rental companies in the US, completed the acquisition of Precision Rentals, an equipment rental agency in Arizona. Financial terms were not disclosed. "Since 2006, Precision Rentals has successfully grown its equipment rental business through a focus on reliability, fleet diversity and exceptional customer service. The company’s branch operations are in cities with strong construction activity and excellent future opportunities, including several mega projects. The acquisition is expected to expand the H&E customer base as branch density is increased across the Phoenix and Denver metropolitan areas," Brad Barber, H&E Equipment Services CEO.