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Bonita-based Herc Holdings acquires Houston-based Champion Rentals

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Bonita Springs-based Herc Holdings Inc., a leading North American equipment rental supplier operating as Herc Rentals Inc., announced Monday that it has acquired substantially all the assets of Houston-based Champion Rentals Inc. Terms were not disclosed.

Champion is a full-service general equipment rental company with about 100 employees and four locations serving contractors and industrial, manufacturing and government customers in the Houston metropolitan area. The addition of Champion expands Herc Rentals’ Houston-area presence to 12 physical locations, which collectively provide general and specialty equipment rental solutions and related services, the company reports. The transaction is Herc Rentals’ first multi-location acquisition since it became an independent, publicly-traded company in 2016. The company expects the acquisition to be accretive to its earnings in the first year. 

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