United Rentals to acquire National Pump and GulfCo for ~$780M

United Rentals entered a definitive asset purchase agreement to acquire National Pump (specialty pump rental) plus GulfCo for a combined ~$780 million, an equipment-rental industry deal unrelated to home-service contractor roll-ups.

“United Rentals will also acquire GulfCo, a two-branch general rental business also based in Texas. The combined purchase price for the assets is approximately $780 million.”

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