On the Record · Herc
Herc acquisitions, on the record
The businesses Herc 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 |
|---|---|---|---|
Cloverdale Equipment CompanyWord for word“On April 19, 2022, the Company completed the acquisition of Cloverdale Equipment Company ("Cloverdale").” 10-K for 2023 | acquisition | On April 19, 2022 | — |
12 acquisitions during 2023 (21 branches)Word for word“During the year ended December 31, 2023, the Company acquired 12 companies with a total of 21 branches.” 10-K for 2023 | acquisition | — | — |
Otay Mesa Sales ("Otay")Word for word“On July 16, 2024, the Company completed the acquisition of substantially all of the assets of Otay Mesa Sales ("Otay").” 10-K for 2024 | acquisition | On July 16, 2024 | — |
CineleaseWord for word“Loss on assets held for sale was $194 million during 2024 to adjust the carrying value of Cinelease net assets to its fair value less estimated costs to sell.” 10-K for 2024 | divestiture | — | — |
H&E Equipment Services, Inc.Word for word“On June 2, 2025, we completed the acquisition of H&E by acquiring all of the outstanding common stock of H&E in exchange for $78.75 in cash and 0.1287 shares of our common stock on a per-H&E share basis. ” 10-K for 2025 | acquisition | June 2, 2025 | — |
Cinelease studio entertainment businessWord for word“On July 31, 2025, we completed the divestiture of the Cinelease studio entertainment business for initial cash consideration of $100 million, subject to customary post-closing adjustments, and agreed upon earnouts pursuant to the purchase and sale agreement.” 10-K for 2025 | divestiture | July 31, 2025 | $100 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | — | $0 | — |
| 2017-12-31 | — | $0 | — |
| 2018-12-31 | $0 | $0 | — |
| 2019-12-31 | $4.2 million | $0 | — |
| 2020-12-31 | $45.6 million | $24.5 million | — |
| 2021-12-31 | $431 million | $0 | — |
| 2022-12-31 | $515 million | $0 | — |
| 2023-12-31 | $430 million | $0 | — |
| 2024-12-31 | $600 million | $0 | $190 million |
| 2025-12-31 | $4.26 billion | $99 million | $2.2 billion |
Deal filings since 2016
- 2026-09-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-12-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-09-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-06-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-06-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-03-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-02-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-09-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-06-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-09-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-08-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-07-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-08-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-09-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-07-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-07-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-09-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-07-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-07-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-06-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-02-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Herc’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-17. 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.