United Rentals
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| United Rentals | |
| [[Image:[[1]]]] | |
| Type | Construction equipment rental |
|---|---|
| Founded | 1997 |
| Headquarters | Greenwich, Connecticut |
| Key people | Wayland Hicks, CEO |
| Slogan | "Consider It Done." |
| Website | http://www.unitedrentals.com |
Founded in 1997, United Rentals, Inc. is the largest equipment rental company in the world, with more than 760 rental locations throughout the United States, Canada, and Mexico. Their diverse customer base includes construction and industrial companies, utilities, municipalities, and homeowners.
The company is comprised of 4 principle divisions: General Rentals, Aerial, HVAC/Pump & Power, and Trench Safety. While the general rental branches are the most prolific and yielding for the company, the other divisions are increasingly a larger portion of United's revenue.
The company is a publicly traded company, listed under the New York Stock Exchange symbol, URI.
[edit] SEC Investigation
In 2004, the United States Securities and Exchange Commission announced it was conducting an inquiry into the accounting records of the company.
[edit] Highway Technology Division
On December 26, 2006 United Rentals announced the sale of their Highway Technology division to HTS Acquisition, Inc., an entity newly-formed by affiliates of private equity investors Wynnchurch Capital Partners and Oak Hill Special Opportunities Fund, L.P.
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