Herc Holdings Inc. (NYSE:HRI) is looking for acquisitions. During the BofA Machinery Team event, Lawrence Silber, CEO & Director, said, "We're an industry leader, and we've generated above-market growth over the last 10 years that we've been functioning as an independent public company through fleet investments, greenfield store openings as well as M&A activity. We've been very disciplined in terms of our capital and really consistent around being a steward of capital input into the business.
And we're investing to -- in the industry where, really, scale matters in this industry. And we've been driving that growth over the last 5 or 6 years through a combination of M&A as well as greenfield strategies. And finally, we are a market consolidator, having completed more than 50 acquisitions over the past 6 years in our business, and we intend to continue to do that, which leads us to our most recent acquisition, which was H&E that we acquired June 2 of last year, was the single largest acquisition in the history of the industry and was the fourth largest rental company at the time in North America".

















