United Rentals completes acquisition of Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC to expand its offerings in the North American matting industry
Acquiring Company
United Rentals
Acquired Company
YAK
StamfordColumbiaReal EstateConstructionConstructionDescription
United Rentals, Inc. has completed the previously announced acquisition of Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC from Platinum Equity for approximately $1.1 billion in cash. This acquisition is strategically important as it adds a leading North American matting solutions provider to the United Rentals family, further enhancing its one-stop-shop value proposition to customers and augmenting its growth capacity.
Quick answer
United Rentals is acquiring YAK, announced March 15, 2024. United Rentals is based in Stamford, Connecticut, United States.
- How much did United Rentals pay for YAK?
- The deal value was not disclosed.
- What does United Rentals do?
- United Rentals, Inc. is the largest equipment rental company in the world.
- Where are United Rentals and YAK based?
- United Rentals is based in Stamford, Connecticut, United States. YAK is based in Columbia, Missouri, United States.
- Who are the decision-makers at United Rentals?
- Fundz holds 2 contacts at United Rentals. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Real Estate and Construction
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- United Rentals acquires Yak Access, LLC, Yak Mat, LLC, and New South Access & Environmental Solutions, LLC for $1.1 billion, $1.1B (March 4, 2024)
- Zelman’s #1-Ranked Investment Banking Team Advised Dream Finders on Its Successful Acquisition of Crescent Homes (February 19, 2024)
- Dream Finders Homes Acquires the Assets of Crescent Homes (February 2, 2024)
- Christopher Todd Capital completes acquisition of The Cottages at McDowell for $57 Million, $57M (April 25, 2024)
- FIBRA Macquarie proposes non-binding tender and exchange offer for Terrafina (April 22, 2024)
- White Cap closes acquisition of Bend Construction Supply, Inc. to expand Northwest region (April 15, 2024)
Who to call at United Rentals, and when
When United Rentals changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day United Rentals raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Related People
Frequently asked
Who acquired YAK?
YAK was acquired by United Rentals, based in Stamford. The deal was reported on March 15, 2024. United Rentals, Inc. is the largest equipment rental company in the world. The company has an integrated network of 1,449 rental locations in North America, 13 in Europe, 27 in Australia and 19 in New Zealand. United Rentals is publicly traded (URI) and operates in Real Estate.
When did United Rentals acquire YAK?
United Rentals's acquisition of YAK was reported on March 15, 2024. United Rentals, Inc. has completed the previously announced acquisition of Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC from Platinum Equity for approximately $1.1 billion in cash. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does YAK do?
Yak is a leader in the North American matting industry with a fleet of approximately 600,000 hardwood, softwood, and composite mats providing surface protection across both construction and maintenance, repair and operations applications. It is privately held, operating in Construction, and is based in Columbia.
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