United Rentals Blueline Rental Acquisition 2018

United Rentals announced the acquisition of BlueLine Rental, a leading North American general rental provider with $786M in LTM revenue, for $2.1B in cash. The strategic acquisition expands URI's footprint to 114 locations across major US, Canadian, and Puerto Rican markets while delivering an estimated $45M in annual cost synergies and $35M in revenue cross-sell opportunities by year 3.