United Rentals
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About United Rentals
Industries
Automotive & Transportation
Industrial & Manufacturing
Company Size
10,001+
Company Stage
IPO
Total Funding
N/A
Headquarters
Stamford, Connecticut
Founded
1997
Overview
Simplify's Take
What believers are saying
- Increased demand for automated tool management systems like ProBox OnDemand.
- Growing emphasis on excavation safety training programs in the construction industry.
- Expansion into the European market, particularly in Rotterdam, due to infrastructure projects.
What critics are saying
- Integration challenges with H&E Equipment Services could lead to operational disruptions.
- Pause in share repurchase plan may lead to investor dissatisfaction and stock volatility.
- Expansion into Europe exposes United Rentals to new regulatory environments and compliance risks.
What makes United Rentals unique
- United Rentals is the world's largest equipment rental company.
- ProBox OnDemand automates worksite tool management, enhancing efficiency and reducing tool loss.
- Recognized for veteran hiring, enhancing brand reputation and attracting skilled labor.
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Funding
Total Funding
$0
Below
Industry Average
Funded Over
1 Rounds
Company News
United Rentals (NYSE: URI) has launched a cash tender offer to acquire all outstanding shares of HE Equipment Services (NASDAQ: HEES) at $92 per share. The offer, announced on January 28, 2025, will expire on February 25, 2025. Key conditions include acquiring over 50% of shares and HSR Act clearance. HE's board recommends shareholders accept the offer. The tender offer is not subject to financing conditions.
United Rentals, Inc. (NYSE: URI) (“United Rentals” or “the company”) and H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ: HEES) (“H&
United Rentals said Tuesday it has reached a $4.8 billion deal to acquire Baton Rouge-based H&E Equipment Services.
S&P 500 equipment rental leader United Rentals (URI) announced early Tuesday it has agreed to acquire H&E Equipment Services (HEES) for $4.8 billion, including $1.4 billion in debt.
STAMFORD, Conn. (Dec. 18, 2024) - United Rentals Inc. has launched its Excavation Safety Training for Competent Persons Program, offering an interactive approach to teaching trench and excavation safety.
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About United Rentals
Industries
Automotive & Transportation
Industrial & Manufacturing
Company Size
10,001+
Company Stage
IPO
Total Funding
N/A
Headquarters
Stamford, Connecticut
Founded
1997
There are no jobs for United Rentals right now.
Find jobs on Simplify and start your career today