StageLine of Credit | Alive
Last Raised$150M | 3 yrs ago
About Able Equipment Rental
Able Equipment Rental rents heavy construction equipment such as forklifts, earthmovers, generators, aerial lifts, compressors, and temperature controllers. It was founded in 1996 and is based in Amityville, New York.
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Latest Able Equipment Rental News
Jul 18, 2022
ABLE Equipment Rental Acquires the Rental Assets of Extreme Rentals USA July 18, 2022, 07:15 AM ABLE Equipment Rental, Inc. of NY (ABLE) , one of the largest independent rental companies in the United States, announced it has acquired the equipment rental assets, and service operations, of Extreme Rentals USA, LLC located in Manassas, VA. The transaction allows ABLE to expand its’ footprint southward into the mid-Atlantic Region as it aims to serve the Delaware, Maryland and Virginia (DMV) markets, including the metropolitan areas of Baltimore and Washington D.C. ABLE will retain the entire Extreme Rentals USA Team. Consistent with ABLE’s expansion strategy, this key acquisition increases ABLE’s fleet and infrastructure, while furthering adjacent growth to ABLE’s current footprint. “We are excited to have the Extreme Rentals USA Team join the ABLE family,” said Steve Laganas, ABLE's Chief Executive Officer. “They understand the needs of their customers and share a common customer solutions-oriented approach. We are confident that together with ABLE, the Manassas Team will continue serve their customers with confidence.” “We are extremely excited that the Extreme Rentals Team has joined the ABLE Equipment Rental Team," said Chris Pera, ABLE's Chief Operating Officer. "Strategically, the acquisition will allow us to continue to serve as a dependable provider of great equipment and personalized service for our growing DMV customer base. Additionally, we'll be able to offer a wider product range for rent and sale, further fulfilling the needs of Extreme’s loyal customer base."
Able Equipment Rental Frequently Asked Questions (FAQ)
When was Able Equipment Rental founded?
Able Equipment Rental was founded in 1996.
Where is Able Equipment Rental's headquarters?
Able Equipment Rental's headquarters is located at 200 Dixon Avenue, Amityville.
What is Able Equipment Rental's latest funding round?
Able Equipment Rental's latest funding round is Line of Credit.
How much did Able Equipment Rental raise?
Able Equipment Rental raised a total of $150M.
Who are the investors of Able Equipment Rental?
Investors of Able Equipment Rental include M&T Bank.
Who are Able Equipment Rental's competitors?
Competitors of Able Equipment Rental include VaiVolta and 4 more.
Compare Able Equipment Rental to Competitors
Texas First Rentals leases out a variety of industrial equipment such as aerial work platforms, air compressors, air tools, forklifts, and more. It was founded in 2015 and is based in San Antonio, Texas.
Rise Robotics designs, makes, and sells breakthrough mechanical products. The company's first product, Bacon Robotic Air Compressor, disrupts handheld air compressors.
Ahern Family of Companies incorporates 21 brands with a focus on the construction sector. It specializes in high reach equipment and provides a comprehensive offering to the customer base, including equipment sales and rentals, manufacturing, spare parts, financing, education, engineering, and transportation. It was founded in 1953 and is based in Las Vegas, Nevada.
VaiVolta provides a marketplace to rent construction equipment. The company offers a variety of brands and tool types.
Industrial Air Centers (IAC) provide industrial compressed air equipment, maintenance services, and energy management systems. It offers products such as portable compressors, cabinet cooling, air dryers and filtration, industrial pump, chillers, and many more. It was founded in 1991 and is based in Jeffersonville, Indiana.
Lance Rental is a service-oriented business specializing in renting shoring, pumping, and filtration equipment. It was founded in 2008 and is based in Houston, Texas.
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