{"id":534317,"date":"2021-09-03T08:33:06","date_gmt":"2021-09-03T12:33:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/herc-holdings-acquires-toronto-area-entertainment-equipment-rental-business\/"},"modified":"2021-09-03T08:33:06","modified_gmt":"2021-09-03T12:33:06","slug":"herc-holdings-acquires-toronto-area-entertainment-equipment-rental-business","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/herc-holdings-acquires-toronto-area-entertainment-equipment-rental-business\/","title":{"rendered":"Herc Holdings Acquires Toronto-area Entertainment Equipment Rental Business"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Herc Holdings Acquires Toronto-area Entertainment Equipment Rental Business<\/b><\/p>\n<p>BONITA SPRINGS, Fla.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nHerc Holdings Inc. (<b>NYSE: HRI<\/b>), 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.\n<\/p>\n<p>\nDwight Crane is a full-service provider of equipment and lighting rentals with more than 40 years of serving Ontario\u2019s film, event and commercial production community. The company\u2019s rental fleet includes aerial lifts and vehicles, lighting and mounts, cranes, and lighting trucks.\n<\/p>\n<p>\n\u201cWith 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\u00ae, Cinelease\u00ae and Cinelease Studios,\u201d said Larry Silber, president and chief executive officer. \u201cLike 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.\n<\/p>\n<p>\n\u201cThrough our entertainment-specific brands, our ProSolutions\u00ae specialty rental equipment and our full line of equipment and services offerings, Herc Rentals remains well positioned as a preeminent partner to North America\u2019s film, TV, and live event production enterprises. Dwight Crane\u2019s long-standing ties to Ontario\u2019s entertainment clientele and its industry-leading LRX brand lighting technologies bring additional strength to our team and reinforce our long-term commitment to the growing entertainment segment.\u201d\n<\/p>\n<p><b>About Herc Holdings Inc.<\/b><\/p>\n<p>\nHerc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is one of the leading equipment rental suppliers with approximately 280 locations in North America. With over 55 years of experience, we are a full-line equipment rental supplier offering a broad portfolio of equipment for rent. Our classic fleet includes aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction and lighting. Our equipment rental business is supported by ProSolutions<b><sup>\u00ae<\/sup><\/b>, our industry-specific solutions-based services, which includes power generation, climate control, remediation and restoration, and studio and production equipment, and our ProContractor professional grade tools. Our product offerings and services are aimed at helping customers work more efficiently, effectively and safely. The Company has approximately 4,800 employees who equip our customers and communities to build a brighter future. Herc Holdings\u2019 2020 total revenues were approximately $1.8 billion. For more information on Herc Holdings and its products and services, visit: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.HercRentals.com&amp;esheet=52485768&amp;newsitemid=20210903005014&amp;lan=en-US&amp;anchor=www.HercRentals.com&amp;index=1&amp;md5=4489bcf2991dfb31210fcb16ca8d06da\">www.HercRentals.com<\/a>.\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release includes forward-looking statements as that term is defined by the federal securities laws, including statements concerning our business, our growth strategy, and the impact the acquisition will have on our business and our earnings. Forward looking statements are generally identified by the words &#8220;estimates,&#8221; &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;projects,&#8221; &#8220;plans,&#8221; &#8220;intends,&#8221; &#8220;believes,&#8221; &#8220;forecasts,&#8221; and future or conditional verbs, such as &#8220;will,&#8221; &#8220;should,&#8221; &#8220;could&#8221; or &#8220;may,&#8221; as well as variations of such words or similar expressions. All forward-looking statements are based upon our current expectations and various assumptions and, there can be no assurance that our current expectations will be achieved. They are subject to future events, risks and uncertainties &#8211; many of which are beyond our control &#8211; as well as potentially inaccurate assumptions, that could cause actual results to differ materially from those in the forward-looking statements. Further information on the risks that may affect our business is included in filings we make with the Securities and Exchange Commission from time to time, including our most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and in our other SEC filings. We undertake no obligation to update or revise forward-looking statements that have been made to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210903005014r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210903005014\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210903005014\/en\/<\/a><\/span><\/p>\n<p><b>Paul Dickard<br \/>\n<\/b><br \/>Vice President, Communications<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:paul.dickard@hercrentals.com\">paul.dickard@hercrentals.com<br \/>\n<\/a><br \/>239-301-1214\n<\/p>\n<p><b>Elizabeth Higashi, CFA<br \/>\n<\/b><br \/>Vice President, Investor Relations &amp; Sustainability<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:elizabeth.higashi@hercrentals.com\">elizabeth.higashi@hercrentals.com<br \/>\n<\/a><br \/>239-301-1024\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Canada Florida<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Fleet Management Construction &amp; Property Other Entertainment Automotive Trucking Other Construction &amp; Property Transport Entertainment<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210903005014\/en\/729259\/3\/hercrentals_WhiteBackground.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Herc Holdings Acquires Toronto-area Entertainment Equipment Rental Business BONITA SPRINGS, Fla.&#8211;(BUSINESS WIRE)&#8211; 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\u2019s film, event and commercial production community. The company\u2019s rental fleet includes aerial lifts and vehicles, lighting and mounts, cranes, and lighting trucks. \u201cWith the acquisition of Dwight Crane, we continue to expand our &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/herc-holdings-acquires-toronto-area-entertainment-equipment-rental-business\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Herc Holdings Acquires Toronto-area Entertainment Equipment Rental Business&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-534317","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Herc Holdings Acquires Toronto-area Entertainment Equipment Rental Business - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/herc-holdings-acquires-toronto-area-entertainment-equipment-rental-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Herc Holdings Acquires Toronto-area Entertainment Equipment Rental Business - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Herc Holdings Acquires Toronto-area Entertainment Equipment Rental Business BONITA SPRINGS, Fla.&#8211;(BUSINESS WIRE)&#8211; 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\u2019s film, event and commercial production community. The company\u2019s rental fleet includes aerial lifts and vehicles, lighting and mounts, cranes, and lighting trucks. \u201cWith the acquisition of Dwight Crane, we continue to expand our &hellip; Continue reading &quot;Herc Holdings Acquires Toronto-area Entertainment Equipment Rental Business&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/herc-holdings-acquires-toronto-area-entertainment-equipment-rental-business\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-03T12:33:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210903005014r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/herc-holdings-acquires-toronto-area-entertainment-equipment-rental-business\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/herc-holdings-acquires-toronto-area-entertainment-equipment-rental-business\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Herc Holdings Acquires Toronto-area Entertainment Equipment Rental Business\",\"datePublished\":\"2021-09-03T12:33:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/herc-holdings-acquires-toronto-area-entertainment-equipment-rental-business\\\/\"},\"wordCount\":716,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/herc-holdings-acquires-toronto-area-entertainment-equipment-rental-business\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210903005014r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/herc-holdings-acquires-toronto-area-entertainment-equipment-rental-business\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/herc-holdings-acquires-toronto-area-entertainment-equipment-rental-business\\\/\",\"name\":\"Herc Holdings Acquires Toronto-area Entertainment Equipment Rental Business - 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