On the Record · H&E Equipment Services
H&E Equipment Services acquisitions, on the record
The businesses H&E Equipment Services bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Komatsu distribution rights in LouisianaWord for word“On December 15, 2022, we sold our Komatsu distribution rights in Louisiana to Waukesha-Pearce Industries, LLC.” 10-K for 2022 | agreed divestiture | On December 15, 2022 | — |
Little Rock, Arkansas and Springdale, Arkansas owned-branchesWord for word“On September 17, 2021, we sold our Little Rock, Arkansas and Springdale, Arkansas owned-branches to Bramco, Inc. and relinquished our related territory distribution rights with equipment manufacturers Komatsu, Wirtgen Group and Takeuchi.” 10-K for 2022 | divestiture | On September 17, 2021 | — |
crane businessWord for word“Effective October 1, 2021, we sold our crane business to a wholly-owned subsidiary of The Manitowoc Company, Inc.” 10-K for 2022 | divestiture | Effective October 1, 2021 | — |
One Source Equipment Rentals, Inc. ("OSR")Word for word“Effective October 1, 2022, we completed the acquisition of One Source Equipment Rentals, Inc. ("OSR"), a privately-held equipment rentals company with 10 branch locations primarily in the Midwest.” 10-K for 2022 | acquisition | Effective October 1, 2022 | — |
Contractors Equipment Center, LLCWord for word“Effective January 1, 2018, we completed the acquisition of Contractors Equipment Center, LLC.” 10-K for 2022 | acquisition | Effective January 1, 2018 | — |
Rental Inc.Word for word“Effective April 1, 2018, we completed the acquisition of Rental Inc.” 10-K for 2022 | acquisition | Effective April 1, 2018 | — |
Cobra Equipment Rentals, LLC, dba We-Rent-ItWord for word“Effective February 1, 2019, we completed the acquisition of Cobra Equipment Rentals, LLC, dba We-Rent-It.” 10-K for 2022 | acquisition | Effective February 1, 2019 | — |
earthmoving distributorship businessWord for word“This increase is primarily due to the Company's sale of our earthmoving distributorship business during the fourth quarter of 2022.” 10-K for 2022 | divestiture | during the fourth quarter of 2022 | — |
Komatsu distribution rights in Louisiana to Waukesha-Pearce Industries, LLCWord for word“On December 15, 2022, we sold our Komatsu distribution rights in Louisiana to Waukesha-Pearce Industries, LLC.” 10-K for 2023 | divestiture | On December 15, 2022 | — |
Little Rock, Arkansas and Springdale, Arkansas owned-branches to Bramco, Inc.Word for word“On September 17, 2021, we sold our Little Rock, Arkansas and Springdale, Arkansas owned-branches to Bramco, Inc. and relinquished our related territory distribution rights with equipment manufacturers Komatsu, Wirtgen Group and Takeuchi.” 10-K for 2023 | divestiture | On September 17, 2021 | — |
crane business to a wholly-owned subsidiary of The Manitowoc Company, Inc.Word for word“Effective October 1, 2021, we sold our crane business to a wholly-owned subsidiary of The Manitowoc Company, Inc.” 10-K for 2023 | divestiture | Effective October 1, 2021 | — |
Giffin Equipment RentalsWord for word“The acquisition of Giffin totaled approximately $31.3 million; see additional information on the acquisition in Note 3 to our Consolidated Financial Statements.” 10-K for 2023 | acquisition | — | approximately $31.3 million |
One Source Equipment Rentals, Inc.Word for word“Effective October 1, 2022, the Company completed the acquisition of One Source Equipment Rentals, Inc. (“OSR”), a privately-held equipment rentals company with 10 branch locations primarily in the Midwest.” 10-K for 2024 | acquisition | Effective October 1, 2022 | — |
Giffin EquipmentWord for word“Effective November 1, 2023, the Company completed the acquisition of Giffin Equipment (“Giffin”), a privately-held equipment rentals company with three branch locations in California.” 10-K for 2024 | acquisition | Effective November 1, 2023 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2018-12-31 | $196 million | — |
| 2019-12-31 | $106.7 million | — |
| 2022-12-31 | $135.7 million | $39.6 million |
| 2023-12-31 | $31.3 million | $29,000 |
| 2024-12-31 | $157.8 million | $17.5 million |
Deal filings since 2016
- 2025-06-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-02-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-01-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-07-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-12-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-11-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-02-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-12-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-11-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-11-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-07-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from H&E Equipment Services’s annual reports (10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2025-02-21. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.