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RSC Equipment Rentals
Data
- Location:Scottsdale, AZ
- Top Executive:Erik Olsson
- Stores: 452
- Sales in $ Millions: $1,652.9
- Website: www.rscrental.com
Overview
Private equity players Ripplewood and Oak Hill acquired RSC for an industry-record $3.8 billion in 2006 and are in the process of taking the company public. With the youngest fleet among the industry's leading players at 25 months, disciplined fleet management to enhance pricing, and a profitable balance sheet, its IPO could bring in major investor growth, respectively, and operating income growth of 76, 44 and 31 percent. Not one to stand still.
Recent articles on RSC Equipment Rentals
You searched for: RSC Equipment Rentals |
United Rentals Updates Investors on Integration
United Rentals recently provided an “integration update” to its community of investors in regard to its recently finalized acquisition of RSC Rental, during which the company said that the combined companies’ targeted cost synergies have been raised to $230 million.
DeFeo, Kneeland to Speak at IPAF Summit in Miami in March
Ron DeFeo, chairman and CEO of Terex Corp., and Michael Kneeland, president and CEO of United Rentals, will be featured speakers at the International Powered Access Federation Summit to be held March 26, 2013, in Miami.
RER Interviews United Rentals' Michael Kneeland
United Rentals completed its acquisition of RSC Holdings April 30. Shortly before the deal closed, RER spoke with Michael Kneeland about the preparations for the integration of the two companies as well as the year in rental 2011.
United Rentals Names Matt Flannery Chief Operating Officer
United Rentals today named Matt Flannery executive vice president and chief operating officer, effective with the closing of the company's merger with RSC Holdings Inc. announced on April 30. He previously served as executive vice president - operations and sales, and has been leading the RSC integration process.
United RentalsÂ’ Acquisition of RSC Finalized
United Rentals completed its previously announced acquisition of RSC Holdings Inc. in a cash-and-stock transaction valued at $18.00 per share at the time of announcement, for a total enterprise value of $4.2 billion, including $2.3 billion of net debt.
United, RSC Far Along with Integration Plans, United Officials Say
Although final stockholder approval is not until April 27, with expected closing on April 30, United Rentals and RSC Rental have been hard at work making preparations for integration since the acquisition of RSC by United was announced in December 2011.
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