Herc Holdings Acquires Toronto-area Entertainment Equipment Rental Business

Sep 3, 2021Industry Update

BONITA SPRINGS, Fla.–(BUSINESS WIRE)– Herc Holdings Inc. (NYSE: HRI), a leading North American equipment rental supplier operating as Herc Rentals Inc., announced today that it has acquired Dwight Crane Ltd. and its U.S. affiliate, LRX LLC. Dwight Crane is an entertainment equipment rental business based in Ajax, Ontario, Canada that also has operations in Los Angeles. Terms were not disclosed.

Dwight Crane is a full-service provider of equipment and lighting rentals with more than 40 years of serving Ontario’s film, event and commercial production community. The company’s rental fleet includes aerial lifts and vehicles, lighting and mounts, cranes, and lighting trucks.

“With the acquisition of Dwight Crane, we continue to expand our entertainment-related rental portfolio, which also includes the industry-leading brands of Herc Entertainment Services®, Cinelease® and Cinelease Studios,” said Larry Silber, president and chief executive officer. “Like our existing North American entertainment equipment rental operations, Dwight Crane has developed an unmatched reputation for quality and expertise while serving one of the largest entertainment markets in North America. In addition, Dwight Crane brings industry-leading technologies that we look forward to introducing across our specialty entertainment rental network.

VIEW FULL PRESS RELEASE HERE:  https://ir.hercrentals.com/news-releases/2021/09-03-2021-133016882