United Rentals Acquires Industrial Power & HVAC Company (URI)

United Rentals, Inc. URI today announced the acquisition of assets of GulfStar Rental Solutions, LP, a three location power & HVAC equipment rental company located in Texas and Louisiana. “The acquisition of GulfStar furthers our strategy of accelerating growth in the attractive power and HVAC segment as well as growing our industrial customer base,” said Paul McDonnell, senior vice president, trench safety, power and HVAC. “Our specialty rental business provides a competitive differentiator while opening the door for our general and aerial rental business in this attractive sector.”