United Rentals to acquire H&E Equipment Services for $4.8bn.

United Rentals, an equipment rental company, agreed to acquire H&E Equipment Services, an equipment dealership company, for $4.8bn. “In H&E we’re acquiring a well-run operation that’s primed to benefit from our technology, operations and broad value proposition. Most importantly, we’re gaining a great team that shares our intense focus on safety and customer service. We’ll be working side-by-side throughout the integration to capitalize on best-in-class expertise from both sides. We will use our well-honed integration playbook as we prepare the acquired branches to take full advantage of our systems and operational capabilities, and gain from our employee and customer-centric culture. I look forward to welcoming our new team members upon the closing of the acquisition,” Matthew Flannery, United Rentals CEO.