United Rentals acquires Yak Access, LLC, Yak Mat, LLC, and New South Access & Environmental Solutions, LLC for $1.1 billion
Acquiring Company
United Rentals
Acquired Company
YAK
StamfordColumbiaReal EstateConstructionConstructionDescription
United Rentals, Inc. has entered into a definitive agreement to acquire Yak Access, LLC, Yak Mat, LLC, and New South Access & Environmental Solutions, LLC (collectively known as Yak) from Platinum Equity for approximately $1.1 billion in cash. The acquisition of Yak further diversifies and differentiates United Rentals’ Specialty business offerings while driving shareholder returns and creating another adjacency for the company with scale in a large and growing market segment.
Quick answer
United Rentals is acquiring YAK for $1.1 billion, announced March 4, 2024. United Rentals is based in Stamford, Connecticut, United States.
- How much did United Rentals pay for YAK?
- The reported deal value is $1.1 billion.
- What does United Rentals do?
- United Rentals, Inc. is the largest equipment rental company in the world.
- Where are United Rentals and YAK based?
- United Rentals is based in Stamford, Connecticut, United States. YAK is based in Columbia, Missouri, United States.
Source: Fundz verified event record.
Other recent acquisitions in Real Estate and Construction
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- United Rentals completes acquisition of Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC to expand its offerings in the North American matting industry (March 15, 2024)
- Zelman’s #1-Ranked Investment Banking Team Advised Dream Finders on Its Successful Acquisition of Crescent Homes (February 19, 2024)
- Dream Finders Homes Acquires the Assets of Crescent Homes (February 2, 2024)
- White Cap closes acquisition of Bend Construction Supply, Inc. to expand Northwest region (April 15, 2024)
- NEFCO completes acquisition of Unicoa to expand its construction supply business (April 15, 2024)
- Mapletree Investments acquires 31 PBSA assets in the UK and Germany from Cuscaden Peak Investments (April 12, 2024)
Who to call at United Rentals, and when
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Frequently asked
Who acquired YAK?
YAK was acquired by United Rentals, based in Stamford. The deal was reported on March 4, 2024. United Rentals, Inc. is the largest equipment rental company in the world. The company has an integrated network of 1,449 rental locations in North America, 13 in Europe, 27 in Australia and 19 in New Zealand. United Rentals is publicly traded (URI) and operates in Real Estate.
When did United Rentals acquire YAK?
United Rentals's acquisition of YAK was reported on March 4, 2024. United Rentals, Inc. has entered into a definitive agreement to acquire Yak Access, LLC, Yak Mat, LLC, and New South Access & Environmental Solutions, LLC (collectively known as Yak) from Platinum Equity for approximately $1.1 billion in cash. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does YAK do?
Yak is a leader in the North American matting industry with a fleet of approximately 600,000 hardwood, softwood, and composite mats providing surface protection across both construction and maintenance, repair and operations applications. It is privately held, operating in Construction, and is based in Columbia.
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