Chinook Industry Spotlight: Rental Equipment Q2 2020
- The U.S. heavy equipment rental market was valued at $52 billion in 2022, with the top 100 companies representing 32% of total industry revenues.
- The market is projected to grow at a CAGR of 2% over the next five years due to increasing infrastructure development, fueled by the preference for renting over ownership in industries like construction and logistics.
- The demand for general equipment rentals continues to outpace new purchases due to the backlog of new equipment orders bolstered by steady rental prices.
- The level of M&A involving private equity firms has increased due to their success in executing a buy-and-build strategy. However, major players like United Rentals and Ashtead Group remain active in this space, seeking to expand their fleets and geographic coverage through strategic acquisitions.
About Chinook Capital Advisors:
Chinook Capital Advisors, based in Kirkland, WA, is a leading M&A advisory firm serving the needs of Pacific Northwest business owners. We help businesses prepare for and execute business ownership transition events.
Our expertise includes sell-side advisory/seller representation services, recapitalizations, advisory board/transaction preparation services, and other services including business valuation and debt advisory. Chinook serves many of the key industries that drive the Pacific Northwest economy, including manufacturing, distribution, business services, technology, healthcare products & services, and consumer products & services.
We welcome inquiries from business owners wanting to discuss business valuation, M&A market updates, or how to build value towards a future exit or recapitalization.