United Rentals has acquired the power and HVAC assets of Blue-Stream Services, a leader in equipment rental services in the Gulf region. The four Blue-Stream locations in New Iberia and Baton Rouge, La., Dallas and Houston, serve diverse end markets including oil and gas, disaster recovery, industrial, construction and entertainment.
“The Blue-Stream acquisitions expands the footprint of our power and HVAC specialty rental operations in the Gulf, and deepens our presence in attractive end markets,” said Paul McDonnell, senior vice president – operations for United Rentals. “This is a high-margin business with an experienced team and strong customer relationships. It offers significant cross-selling opportunities with our broader network.”
King & Spalding served as legal advisor to United Rentals, and Perret Doise LLC served as legal advisor to Blue-Stream Services.