When did United Rentals buy BlueLine?
Oct 31, 2018. STAMFORD, Conn. – October 31, 2018 – United Rentals, Inc. (NYSE: URI) today announced that it has completed its previously announced acquisition of BlueLine from Platinum Equity for a total purchase price of approximately $2.1 billion in cash.
Who bought BlueLine rental?
United Rentals, Inc.
United Rentals, Inc. (NYSE: URI) and BlueLine Rental (“BlueLine”) today announced that they have entered into a definitive agreement under which United Rentals will acquire BlueLine from Platinum Equity for approximately $2.1 billion in cash.
Who did United Rentals buyout?
Acquisition History United Rentals acquired Franklin Equipment, LLC, a Midwest and Southeast regional provider of equipment rentals, sales and related services on April 14, 2021. Frankling Equipment was founded in 2008 and grew to 20 locations.
How much is Franklin equipment worth?
Franklin Equipment was founded in 2008 and built upon the remains of a tired and time-worn New Holland dealership. Sales were $6.1 million in 2008 but have since grown to in excess of $150 Million.
Who is the owner of United Rentals?
United Rentals is currently led by Matthew Flannery (President & CEO), Dale Asplund (Executive Vice President & COO), and Jessica Graziano (Executive Vice President & CFO). It is headquartered in Stamford, Connecticut….United Rentals.
| Type | Public |
|---|---|
| Website | www.unitedrentals.com |
| Footnotes / references |
Who is president of United Rentals?
Matthew J. Flannery
President and Chief Executive Officer Flannery. Matthew J. Flannery was appointed to the position of chief executive officer of United Rentals, and was elected a director of the Company, in May 2019, while remaining as president, a position he held since March 2018.
How much did United Rentals buy Franklin equipment?
$996 million
Franklin Equipment was a finalist in Big Iron Dealer’s 2018 Dealer of the Year program. The $996 million General Fiance acquisition involves 106 branches and more than 900 employees worldwide.
What is Matt Flannery salary?
Matthew Flannery made $6,526,206 in total compensation as Director, President and Chief Executive Officer at United Rentals Inc in 2020. $1,632,966 was received as Total Cash, $4,881,735 was received as Equity and $11,505 was received as Pension and other forms of compensation.
Is United Rentals profitable?
United Rentals, Inc. In 2017, United Rentals’ revenue totaled more than $6.64 billion, with over $1.35 billion in profit.
Where is United Rentals Headquartered?
Stamford, CTUnited Rentals / Headquarters
Did Franklin Equipment get bought out?
United Rentals has acquired Franklin Equipment, LLC, a regional rental company with 20 locations throughout the Midwest and Southeast, for an undiscolosed price. The acquistion is United’s first in almost three years following its purchase of Canada-based WesternOne Rentals & Sales LP in Nov. 2018.
Who is the CEO of United Rentals?
Matthew John Flannery (May 8, 2019–)United Rentals / CEO
Who is the CEO of BlueLine Rental?
In January 2016, Asterios Satrazemis was appointed as CEO of BlueLine Rental. On September 11, 2018, United Rentals announced an agreement to purchase BlueLine Rental from Platinum Equity for about $2.1 billion in cash. The deal is expected to close in the fourth quarter of 2018.
Does United Rentals own BlueLine Rental?
On September 11, 2018, United Rentals announced an agreement to purchase BlueLine Rental from Platinum Equity for about $2.1 billion in cash. The deal is expected to close in the fourth quarter of 2018.
Is BlueLine Rental owned by Volvo?
BlueLine Rental, formerly Volvo Rents, is an American company that rents construction equipment to contractors and retail consumers through a network of company owned stores. A JLG brand articulating boom lift rented from BlueLine Rental. BlueLine Rental was founded as Volvo Rents on July 2, 2001.
How much does it cost to make a blueline?
FLK35 Forklift Make: Blueline Weekly Rate: $635 Monthly Rate: $1,900 Gondola Make: Blueline Weekly Rate: N/A Monthly Rate: $1,000
https://www.youtube.com/c/Bluelinerental