# H&E Equipment Services to acquire One Source Equipment Rental for $130M

H&E Equipment Services signed a definitive agreement to acquire One Source Equipment Rental for $130 million in cash. One Source operates 10 branches in the Midwest and Southern U.S., with revenues of about $59 million.

- Type: Acquisition
- Announced: 2022-09-19
- Where: Illinois, United States, United States
- Value: $130.0M
- Status: announced
- Products: aerial work platforms, material handling equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [H&E Equipment Services](https://endata.com/companies/15576.md) (acquirer)
- [One Source Equipment Rental](https://endata.com/companies/65377.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20220919005201/en/HE-Equipment-Services-Signs-Definitive-Agreement-To-Acquire-One-Source-Equipment-Rental-Inc.), 2022-09-19: "H&E Equipment Services, Inc. today announced the signing of a definitive agreement to acquire One Source Equipment Rental, Inc."
- [1012industryreport.com](https://www.1012industryreport.com/acquisitions/he-equipment-services-acquires-illinois-industrial-supplier/), 2022-09-20: "Brad Barber, H&E CEO, says the deal helps the company expand its geographic footprint."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.