Herc Rentals, a leading equipment rental company with operations in key metropolitan markets across North America, has acquired Rental Works of Maryland. Founded in 2007 and operating four branches, Rental Works of Maryland serves the Maryland, Washington D.C., and Northern Virginia markets.

Herc Rentals completed four acquisitions in the first quarter of the year, adding 11 new locations and four greenfield locations to its network. As of March 31, the company’s total fleet was valued at approximately $6.4 billion, with an average fleet age of 47 months. Herc Rentals is focused on delivering exceptional customer experiences, managing fleet efficiency and expenses, and expanding its network through acquisitions and greenfield locations in key metropolitan markets.

Larry Silber, president and CEO of Herc Rentals, expressed excitement about the acquisition and highlighted the shared values between the two companies. “Rental Works of Maryland has a strong reputation for providing excellent service to its customers,” he said. “We are thrilled to welcome them to our team.”

David Graham, managing partner of Rental Works of Maryland, also expressed excitement about the acquisition. “We share a commitment to delivering exceptional customer experiences,” he said. “Herc Rentals is a leader in the industry and we look forward to working with them.”

Catalyst Strategic Advisors served as the exclusive transaction advisor to Rental Works of Maryland throughout the acquisition process.