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Herc Holdings acquires New Hampshire-based equipment rental business

Herc Holdings Inc., a Bonita Springs-based equipment rental supplier, announced Monday that it has acquired Reliable Equipment LLC, a New Hampshire-based equipment rental business with branch operations in Dover and Londonderry, New Hampshire. The terms of the deal were not disclosed.  

Reliable Equipment is a full-service provider of equipment rentals with a fleet that includes aerial, material handling and earthmoving equipment, as well as specialty climate control and power generation equipment. Founded in 2010, the business has more than 50 employees and service coverage from Boston to Portland, Maine.  

“The addition of Reliable Equipment expands our New England presence to eight physical locations, allowing us to serve existing and new customers with a larger fleet and improved responsiveness while also providing greater scale to operate more efficiently across the Northeast U.S.,” Larry Silber, president and chief executive officer, is quoted in a news release. 

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“This transaction supports one of our key strategic initiatives to expand our presence in urban markets across North America. In particular, Reliable Equipment is well positioned in the north Boston metropolitan area and to achieve growth in this dynamic market.”  

Herc Holdings, which operates through its Herc Rentals subsidiary, has 295 locations and about 5,100 employees in North America. Its rental fleet includes aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction and lighting. 

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