United Rentals to sell traffic control business

Oct 4, 2007

United Rentals announced December 26 it will sell the company’s traffic control business for $85 million in cash to HTS Acquisition, a newly formed entity between private equity investors Wynnchurch Capital Partners and Oak Hill Special Opportunities Fund.

United Rentals’ traffic control business reported $270 million in revenues for 2005, or 8 percent of the company’s total revenue. The transaction is expected to be complete in the first quarter of 2007.

Top Stories
Volvo EC230 E digging at a site
Excavators
Volvo Testing its First Large Electric Excavator, the EC230 E
It delivers the same performance as the diesel-powered EC220E with zero emissions, low noise and reduced cost of ownership, the company says.
Sany Group sport model electric truck
Pickups
An Electric Pickup Truck from Sany? Leaked Images Show Concepts
Ford Raptor R performance
Pickups
New V8 Ford Raptor R Kicks Up Rooster Tail in Surprise Appearance
yellow restored 1943 Ingersoll-Rand-air-compressor parked by house
Collectors Corner
Restoring Grandfather’s WWII Era Ingersoll-Rand Air Compressor
Light Blue 2022 Ford Maverick towing ATV on trailer on dirt road
Pickups
The Mighty Ford Maverick: A Compact Workhorse That's Fun to Drive
Equipment World Contractor of the Year
The Contractor of the Year contest recognizes contractors who have annual revenues of between $3 million and $15 million and exemplify the highest standards of construction professionals.
Learn More
White Papers
5 Ways to Reduce Fuel Costs
As one of your biggest expenses, fuel usage should be watched closely. Download this eBook to learn how fleet management solutions can help you monitor key factors that can contribute to wasted fuel.
DownloadView All