Rental Works of Maryland, an independent equipment rental company serving the Maryland, Washington D.C., and Northern Virginia markets, has been acquired by Herc Rentals.
“We are excited to join forces with Herc,” said David Graham, Managing Partner of Rental Works of Maryland. “We are confident that our shared cultures, built on integrity, respect, teamwork, and accountability, will make this a great business combination. My partners and I would like to thank our customers and our team for making Rental Works of Maryland successful, and we look forward to great things to come as part of the Herc team.”
Herc Rentals is ranked third on the RER 100 with over 400 locations across North America and total revenues of approximately $3.3 billion in 2023.
Catalyst Strategic Advisors served as the exclusive transaction advisor to Rental Works of Maryland.