American Shoring, Inc., a leading provider of trench shoring equipment, has been acquired by Herc Rentals.
Founded in 1997, American Shoring manufactures, sells, and rents a complete line of trench shoring equipment. The Company’s strong customer relationships and trench safety expertise have positioned it as a preferred independent trench provider in the New York, Philadelphia, Baltimore, and Boston metropolitan markets.
“We look forward to helping grow Herc’s trench safety business in our core markets,” said John Maragliano, CEO of American Shoring. “My family and I would like to thank our customers for allowing American Shoring to provide their trench safety needs, and we would like to thank our employees for their hard work and dedication over many years together. We look forward to more great things to come as part of the Herc organization.”
Herc Rentals is ranked third on the RER 100 with over 400 locations across North America and total 2023 revenues of approximately $3.3 billion.
Catalyst Strategic Advisors served as the exclusive transaction advisor to American Shoring, Inc.