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United Rentals Acquires Franklin Equipment

April 15, 2021, 07:03 AM
Filed Under: Mergers & Acquisitions

United Rentals, Inc. announced it has acquired Franklin Equipment, LLC, a regional provider of equipment rentals, sales and related services in the Midwest and Southeast.

Franklin Equipment was founded in 2008. It grew to 20 locations serving general contractors in Ohio, Indiana, Wisconsin, Kentucky, Tennessee, Alabama, Georgia and South Carolina.

Matthew Flannery, President and Chief Executive Officer of United Rentals, said, “Today, we welcomed over 300 new members to Team United with our acquisition of Franklin Equipment. This transaction expands our presence in key markets for our general rentals business, with an experienced team that shares our pride in delivering superior customer service.”

Sullivan & Cromwell LLP acted as United Rentals’ legal advisor in the transaction, and Lape Mansfield Nakasian & Gibson, LLC acted as Franklin Equipment’s legal advisor.

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