Industry News

United Rentals Acquires Franklin Equipment

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

Franklin Equipment was founded in 2008, and 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, andLape Mansfield Nakasian & Gibson, LLC acted as Franklin Equipment’s legal advisor.

About United Rentals

United Rentals, Inc. is the largest equipment rental company in the world. The company has an integrated network of 1,154 rental locations in North America and 11 in Europe. In North America, the company operates in 49 states and every Canadian province. The company’s approximately 18,250 employees serve construction and industrial customers, utilities, municipalities, homeowners and others. The company offers approximately 4,000 classes of equipment for rent with a total original cost of $13.78 billion. United Rentals is a member of the Standard & Poor’s 500 Index, the Barron’s 400 Index and the Russell 3000 Index® and is headquartered in Stamford, Conn. Additional information about United Rentals is available at unitedrentals.com.