United Rentals acquires Yak Access, LLC, Yak Mat, LLC, and New South Access & Environmental Solutions, LLC for $1.1 billion

United Rentals, Inc. has entered into a definitive agreement to acquire Yak Access, LLC, Yak Mat, LLC, and New South Access & Environmental Solutions, LLC (collectively known as Yak) from Platinum Equity for approximately $1.1 billion in cash. The acquisition of Yak further diversifies and differentiates United Rentals’ Specialty business offerings while driving shareholder returns and creating another adjacency for the company with scale in a large and growing market segment.