H&E Equipment Services Expands Presence in Central and Southern California, Acquires Rental Assets of Giffin Equipment
H&E Equipment Services, Inc. ("H&E" or the "Company") (NASDAQ:HEES) today announced the acquisition of the equipment rental assets of Giffin Equipment ("Giffin"), a California-based provider of non-residential construction and industrial equipment. The acquisition, which closed earlier today, includes three branch locations and a fleet size, as measured by original equipment cost, of approximately $13.4 million. The rental branches are in the cities of Ventura, Goleta and Santa Maria.
Brad Barber, chief executive officer of H&E Equipment Services, Inc., detailed the importance of the acquisition, stating, "The addition of Giffin's equipment rental assets and facilities increases our branc
