United Rentals Acquires National Pump

United Rentals completed the acquisition of certain assets of National Pump, the second largest specialty pump rental company in North America, for approximately $853 million in April 2014. The acquisition expands United Rentals' specialty segment, specifically its pump solutions offering.

“In April 2014, the company completed the acquisition of certain assets of National Pump, the second largest specialty pump rental company in North America, which had annual revenue of approximately $210 million. The purchase price was approximately $853 million, including potential future cash consideration to be paid based on the future achievement of certain adjusted EBITDA targets.”

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