United Rentals has acquired the assets of GulfStar Rental Solutions, a three-location power and HVAC equipment rental company with locations in Beaumont and Deer Park, Texas, and Kenner, La.
“The acquisition of GulfStar furthers our strategy of accelerating growth in the attractive power and HVAC segment as well as growing our industrial customer base,” said Paul McDonnell, senior vice president, trench safety, power and HVAC. “Our specialty rental business provides a competitive differentiator while opening the door for our general and aerial rental business in this attractive sector.”
The acquisition comes less than a month after United Rentals signed an agreement to acquire Venetor Group, a crane and aerial rental giant in Canada.
Based in Greenwich, Conn., United Rentals is No. 1 on the RER 100.