H&E Equipment acquiring Montana-based rental business

Baton Rouge’s H&E Equipment Services Inc. today announced it has entered into an agreement to acquire Lewistown Rental, a Montana-based equipment rental business, and three of its affiliated rental operations.

The affiliates are located in Havre, Glasgow and Great Falls, Montana, and each location serves multiple end markets, including non-residential, industrial and agriculture.

Lewistown Rental boasts a total estimated fleet value, as measured by original equipment cost, of $28.5 million. The transaction is expected to close in the second quarter of 2024, following the satisfaction of customary closing conditions. Financial details of the deal were not disclosed.