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H&E Equipment Services reaches deal to buy Midwestern competitor for $130 million

Por: The Advocate Business September 20, 2022

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Baton Rouge-based H&E Equipment Services said it has reached a deal to buy an equipment rental company for $130 million, a move that expands its presence in the Midwest.H&E said it expects to close on the purchase of One Source Equipment Rental by the end of the year. One Source, based in Illinois, has 10 locations in Illinois, Indiana, Kentucky, Tennessee and Alabama. The company posted $59 million in revenue for the 12-month period ending in... + full article



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