Cobra Equipment Rentals, dba We Rent It, an independent construction and oilfield equipment rental company serving central and south Texas, has acquired Longhorn Equipment Co, a two-location construction equipment rental company serving the Austin and San Antonio, Texas, markets.
Longhorn, founded in 2002 by Steve Chamness, has grown to become one of the leading rental companies doing business in the fast-growing central and south Texas markets. Its branches are in Buda (Austin area) and Schertz, in the San Antonio area.
With the addition of the two Longhorn locations, We Rent It now operates from eight locations in Texas, including its existing facilities in Bryan, Pleasanton, Bastrop, Caldwell, Giddings and Eglin.
“I am excited about the combination of Longhorn and We Rent It for our customers and our employees,” said Chamness, who will remain with the company to ensure a smooth transition to We Rent It’s ownership. “We now have access to a larger fleet of late-model equipment. With a total of eight locations, we can provide our customers with increased delivery and hauling capabilities closer to their jobsites.”
The Stansberry Firm (www.thestansberryfirm.com) represented Longhorn Equipment Co. in this transaction. “With the Stansberry Firm’s assistance, we were able to have a smooth closing and transition with the new owners,” said Chamness.