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United Rentals acquires Yak Access, LLC, Yak Mat, LLC, and New South Access & Environmental Solutions, LLC for $1.1 billion

United Rentals acquires Yak Access, LLC, Yak Mat, LLC, and New South Access & Environmental Solutions, LLC for $1.1 billion

03/04/24, 11:37 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgstamford
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgcolumbia
Industry
construction
construction
United Rentals, Inc. has entered into a definitive agreement to acquire Yak Access, LLC, Yak Mat, LLC, and New South Access & Environmental Solutions, LLC (collectively known as Yak) from Platinum Equity for approximately $1.1 billion in cash. The acquisition of Yak further diversifies and differentiates United Rentals’ Specialty business offerings while driving shareholder returns and creating another adjacency for the company with scale in a large and growing market segment.

Company Info

Company
United Rentals
Location
Stamford, Connecticut, United States
Company info
United Rentals, Inc. is a leading equipment rental company with a comprehensive range of equipment, tools, and solutions for construction and industrial projects. The company serves customers across North America and Europe, offering a broad network of locations and a diverse fleet of rental equipment.