FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News

Print

ABLE Equipment Rental Acquires the Rental Assets of Extreme Rentals USA

July 18, 2022, 07:15 AM
Filed Under: Mergers & Acquisitions

ABLE Equipment Rental, Inc. of NY (ABLE), one of the largest independent rental companies in the United States, announced it has acquired the equipment rental assets, and service operations, of Extreme Rentals USA, LLC located in Manassas, VA. The transaction allows ABLE to expand its’ footprint southward into the mid-Atlantic Region as it aims to serve the Delaware, Maryland and Virginia (DMV) markets, including the metropolitan areas of Baltimore and Washington D.C. ABLE will retain the entire Extreme Rentals USA Team.

Consistent with ABLE’s expansion strategy, this key acquisition increases ABLE’s fleet and infrastructure, while furthering adjacent growth to ABLE’s current footprint.

“We are excited to have the Extreme Rentals USA Team join the ABLE family,” said Steve Laganas, ABLE's Chief Executive Officer. “They understand the needs of their customers and share a common customer solutions-oriented approach. We are confident that together with ABLE, the Manassas Team will continue serve their customers with confidence.”

“We are extremely excited that the Extreme Rentals Team has joined the ABLE Equipment Rental Team," said Chris Pera, ABLE's Chief Operating Officer. "Strategically, the acquisition will allow us to continue to serve as a dependable provider of great equipment and personalized service for our growing DMV customer base. Additionally, we'll be able to offer a wider product range for rent and sale, further fulfilling the needs of Extreme’s loyal customer base."

 







Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.