About H&E Equipment Services
H&E Equipment Services is a company based in Baton Rouge (United States) founded in 1961 was acquired by Herc Rentals in June 2025.. The company has 2,765 employees as of December 31, 2023. H&E Equipment Services has completed 7 acquisitions, including Contractors Equipment Center, Herc Rentals and Jwburress. H&E Equipment Services offers products and services including Equipment Rental and Used Equipment.
- Headquarter Baton Rouge, United States
- Employees 2765 as on 31 Dec, 2023
- Stage Public
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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
*********
- Legal Name H&E Rentals, Inc
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Annual Revenue
$1.25 B659as on Dec 31, 2024
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Net Profit
$122.98 M-27as on Dec 31, 2024
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EBITDA
$229.31 M-17as on Dec 31, 2024
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Latest Funding Round
$200 M (USD), Debt – Conventional
Nov 22, 2017
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Investors
United Rentals
& 1 more
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Employee Count
2765
as on Dec 31, 2023
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Investments & Acquisitions
Contractors Equipment Center
& 6 more
- Acquired by
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Products & Services of H&E Equipment Services
H&E Equipment Services offers a comprehensive portfolio of products and services, including Equipment Rental and Used Equipment. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Rental of equipment for job requirements is provided to ensure operational efficiency.
Sales of well-maintained used equipment, including extended warranties and financing, are offered to meet diverse needs.
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Funding Insights of H&E Equipment Services
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $200.0M
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First Round
First Round
(22 Nov 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Debt – Conventional - H&E Equipment Services | Valuation |
investors |
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| 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 H&E Equipment Services
H&E Equipment Services has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include United Rentals and Herc Rentals. 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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Heavy equipment is rented via an online platform.
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Founded Year | Domain | Location | |
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Industrial tools and equipment are rented via an online portal.
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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
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 H&E Equipment Services
H&E Equipment Services has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Contractors Equipment Center, Herc Rentals and Jwburress. 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 |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Hotels are operated by Precision Rentals in Chicago.
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2023 | ||||
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Industrial equipment rentals including aerial lifts and tools are provided.
|
2010 | ||||
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South Sea pearls are produced and distributed through sustainable practices.
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2007 |
| 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
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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 - HE Equipment Services
| 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 |
H&E Equipment Services Comparisons
Competitors of H&E Equipment Services
| 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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Frequently Asked Questions about H&E Equipment Services
When was H&E Equipment Services founded?
H&E Equipment Services was founded in 1961 and raised its 1st funding round 56 years after it was founded.
Where is H&E Equipment Services located?
H&E Equipment Services is headquartered in Baton Rouge, United States. It is registered at Baton Rouge, Louisiana, United States.
Who is the current CEO of H&E Equipment Services?
Brad Barber is the current CEO of H&E Equipment Services.
How many employees does H&E Equipment Services have?
As of Dec 31, 2023, the latest employee count at H&E Equipment Services is 2,765.
What is the annual revenue of H&E Equipment Services?
Annual revenue of H&E Equipment Services is $1.25B as on Dec 31, 2024.
What does H&E Equipment Services do?
HE Equipment Services was established in 1961 in Baton Rouge, United States. Operations are centered on the rental and sales of heavy equipment within the construction and industrial sectors. A variety of machinery, including earthmoving and lifting tools, is provided to clients across multiple U.S. regions. The company maintains a network of service locations to support these activities. Leadership is held by CEO Brad Barber.
What products or services does H&E Equipment Services offer?
H&E Equipment Services offers Equipment Rental and Used Equipment.
How many acquisitions has H&E Equipment Services made?
H&E Equipment Services has made 7 acquisitions, including Contractors Equipment Center, Herc Rentals, and Jwburress.
Who are H&E Equipment Services's investors?
H&E Equipment Services has 2 investors. Key investors include United Rentals, and Herc Rentals.