United Rentals Acquires Ahern Rentals 2022

United Rentals announces acquisition of Ahern Rentals, a leading domestic general rental provider with $887M LTM revenue and $310M adjusted EBITDA. The $2.0B asset purchase adds 106 locations and $1.85B in rental equipment, with $40M annual cost synergies expected within 12-18 months and $60M cross-sell opportunities by year three.