# United Rentals to acquire Ahern Rentals for $2 billion

United Rentals Inc. agreed to buy family-owned Ahern Rentals Inc. for about $2 billion in cash to expand its footprint on both US coasts and in the Gulf-coast region. Ahern has about 2,100 employees in 30 states.

- Type: Acquisition
- Announced: 2022-11-14
- Where: United States
- Value: $2.00B
- Jobs: 2,100
- Status: announced
- Products: industrial and construction machinery rental, equipment rental
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [United Rentals](https://endata.com/companies/3530.md) (acquirer)
- [Ahern Rentals Inc.](https://endata.com/companies/66628.md) (target)

## Sources

- [news.bloomberglaw.com](https://news.bloomberglaw.com/mergers-and-acquisitions/united-rentals-to-buy-rival-ahern-for-2-billion-in-cash-1), 2022-11-14: "United Rentals Inc. agreed to buy family-owned Ahern Rentals Inc. for about $2 billion in cash to expand its footprint on both US coasts and in the Gulf-coast region."
- [hireandrentalnews.com.au](https://www.hireandrentalnews.com.au/united-rentals-aquires-ahern-rentals-in-the-us/), 2022-11-18: "Our acquisition of Ahern Rentals supports our strategy to deploy capital to grow the core business and drive shareholder value."
- [forkliftaction.com](http://forkliftaction.com/newsletter/archive/1104.html), 2022-11-24: "United Rentals has agreed to acquire the assets of family-owned Ahern Rentals for USD2 billion in cash."

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