Herc Holdings Inc. (NYSE: HRI), a North American equipment rental supplier operating through Herc Rentals Inc., has acquired Rapid Equipment Rental Limited.
Rapid is a full-service equipment rental firm with 110 employees in seven locations serving construction and industrial customers in the Greater Toronto Area.
In addition, Herc has also acquired SkyKing Lift Rentals, an equipment rental business focused on mobile elevating work platforms.
“I am pleased to welcome Rapid Equipment and SkyKing to Team Herc,” said Larry Silber, president and chief executive officer. “With both teams now on board, we have significantly improved our coverage in the dynamic Toronto and Chicago equipment rental markets as we continue to serve a diverse mix of construction, industrial and government customers.”