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H&E Acquires We-Rent-It

image H&E Equipment - Austin, TX.

SAN ANTONIO - On Feb. 4, 2019, H&E Equipment Services Inc. (NASDAQ: HEES) announced the completion of its acquisition of We-Rent-It (WRI), a non-residential construction-focused equipment rental company in Texas. The acquired assets include six branches serving the growing central Texas market and approximately $75 million of inventory.

 

 

    “With the WRI acquisition, we expand our coverage to 22 branches in Texas and improve our ability to better serve the healthy markets in the central portion of the state,” says Brad Barber, H&E Chief Executive Officer and President.
    “We are pleased and eager to welcome another strong group of equipment professionals into the H&E family.  The WRI team has tremendous industry experience, with talented leadership and highly trained employees at all levels,” adds Shaun Bergeson, H&E Regional Vice President.  “The location of these six new branches is the absolute perfect complement to our existing footprint, allowing us to better serve customers throughout the Austin, San Antonio, and Bryan/College Station areas. With the addition of WRI, we now have three branches in the San Antonio market, four in the Austin area, and one in Bryan.”
    Established in 1961, H&E Equipment Services is a full-service equipment company, providing rentals, sales, parts, and service. -cmw


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Carol Wiatrek meditor@constructionnews.net