About Herc Rentals
Herc Rentals is a company based in Bonita Springs (United States) founded in 1965.. The company has 7,600 employees as of December 31, 2024. Herc Rentals has completed 16 acquisitions, including Aerial Work Platforms, All Rental and All Star Equipment. Herc Rentals operates in a competitive market with competitors including United Rentals, EquipmentShare, Sunbelt Rentals, BigRentz and Neff Rental, among others.
- Headquarter Bonita Springs, United States
- Employees 7600 as on 31 Dec, 2024
- Stage Public
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Sectors
Real Estate & ConstructionIndustrial Goods & Manufacturing Retail
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Email
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Phone
*********
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Website
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Social
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- Legal Name Herc Holdings Inc.
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Annual Revenue
$3.57 B8.71as on Dec 31, 2024
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Net Profit
$211 M-39.19as on Dec 31, 2024
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EBITDA
$1.55 B9.24as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
7600
as on Dec 31, 2024
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Investments & Acquisitions
Aerial Work Platforms
& 15 more
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IPO & Listings of Herc Rentals
Herc Rentals is a publicly listed company on the NYSE with ticker symbol HRI in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
115 people
Sales and Marketing
111 people
Strategic Team
54 people
Branch Team
49 people
Human Resources and Administration
42 people
Leadership Team
36 people
Operations Team
26 people
District Team
21 people
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Funding Insights of Herc Rentals
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Herc Rentals
Herc Rentals has strategically engaged in corporate development activities, having acquired 16 companies. Notable acquisitions include Aerial Work Platforms, All Rental and All Star Equipment. 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
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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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Provider of aerial lifts for rentals
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2015 | ||||
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Construction equipment rentals are supplied in the NY tri-state area.
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2009 | ||||
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Lighting services are provided by LRX in the United States.
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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.
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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.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Herc Rentals
| 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 |
Herc Rentals Comparisons
Competitors of Herc Rentals
Herc Rentals operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as United Rentals, EquipmentShare, Sunbelt Rentals, BigRentz and Neff Rental, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Heavy equipment is rented via an online platform.
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| domain | founded_year | HQ Location |
Equipment rental marketplace and digital tools for construction are offered.
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| domain | founded_year | HQ Location |
Construction and industrial equipment is rented across North America.
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| domain | founded_year | HQ Location |
Heavy construction equipment is rented via an online marketplace.
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| domain | founded_year | HQ Location |
Construction equipment rental company
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| domain | founded_year | HQ Location |
Online platform for industrial equipment rental
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| 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 Herc Rentals
Frequently Asked Questions about Herc Rentals
When was Herc Rentals founded?
Herc Rentals was founded in 1965.
Where is Herc Rentals located?
Herc Rentals is headquartered in Bonita Springs, United States. It is registered at Bonita Springs, Florida, United States.
Who is the current CEO of Herc Rentals?
Lawrence H. Silber is the current CEO of Herc Rentals.
How many employees does Herc Rentals have?
As of Dec 31, 2024, the latest employee count at Herc Rentals is 7,600.
What is the annual revenue of Herc Rentals?
Annual revenue of Herc Rentals is $3.57B as on Dec 31, 2024.
What does Herc Rentals do?
Herc Rentals was founded in 1965 and is based in Bonita Springs, United States. An online portal is maintained for renting industrial tools and equipment, covering categories such as air compressors, concrete and masonry tools, climate control units, compaction gear, paving materials, lighting solutions, power generation devices, and safety equipment. Access is enabled through a mobile app on Android and iOS platforms.
Who are the top competitors of Herc Rentals?
Herc Rentals's top competitors include EquipmentShare, United Rentals and Sunbelt Rentals.
Is Herc Rentals publicly traded?
Yes, Herc Rentals is publicly traded on NYSE under the ticker symbol HRI.
How many acquisitions has Herc Rentals made?
Herc Rentals has made 16 acquisitions, including Aerial Work Platforms, All Rental, and All Star Equipment.
What is Herc Rentals's ticker symbol?
The ticker symbol of Herc Rentals is HRI on NYSE.