About ABLE Equipment Rental
ABLE Equipment Rental is a company based in Deer Park (United States) founded in 1996 was acquired by United Rentals in February 2023.. ABLE Equipment Rental has completed 3 acquisitions, including Extreme Rentals USA, GAR Equipment and Key Equipment Sales & Rentals Company.
- Headquarter Deer Park, United States
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
United Rentals
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Extreme Rentals USA
& 2 more
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Acquired by
United Rentals
(Feb 09, 2023)
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Funding Insights of ABLE Equipment Rental
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(05 Mar 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Debt – Conventional - ABLE Equipment Rental | Valuation |
investors |
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| Mar, 2020 | Amount | Debt – Conventional - ABLE Equipment Rental | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ABLE Equipment Rental
ABLE Equipment Rental has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include United Rentals and M&T Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of mortgages, insurance, investments, and credit cards
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Founded Year | Domain | Location | |
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Heavy equipment is rented via an online platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ABLE Equipment Rental
ABLE Equipment Rental has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Extreme Rentals USA, GAR Equipment and Key Equipment Sales & Rentals Company. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Construction equipment is rented via an online platform.
|
2021 | ||||
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Construction equipment and machinery sales and rentals are provided.
|
2008 | ||||
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Construction equipment is rented for various projects by GAR Equipment.
|
1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - ABLE Equipment Rental
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Able Equipment Rental Comparisons
Competitors of ABLE Equipment Rental
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Able Equipment Rental
Frequently Asked Questions about ABLE Equipment Rental
When was ABLE Equipment Rental founded?
ABLE Equipment Rental was founded in 1996 and raised its 1st funding round 24 years after it was founded.
Where is ABLE Equipment Rental located?
ABLE Equipment Rental is headquartered in Deer Park, United States.
What does ABLE Equipment Rental do?
ABLE Equipment Rental was established in 1996 and is based in Deer Park, United States. Operations center on the construction sector, where various types of equipment are rented to clients for project needs. Services encompass a range of machinery accessible via the domain ableequipment.com, supporting infrastructure and building activities primarily in the domestic market. Focus remains on reliable availability and maintenance of rental inventory.
How many acquisitions has ABLE Equipment Rental made?
ABLE Equipment Rental has made 3 acquisitions, including Extreme Rentals USA, GAR Equipment, and Key Equipment Sales & Rentals Company.
Who are ABLE Equipment Rental's investors?
ABLE Equipment Rental has 2 investors. Key investors include United Rentals, and M&T Bank.
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