Client Deal Spotlight: Stoel Rives Represents Ahern Rentals in its $2 Billion Sale to United Rentals

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Stoel Rives LLP, an AmLaw 200 firm, represented Ahern Rentals, Inc., the eighth largest rental equipment company in North America, in its sale of substantially all of its assets to United Rentals, Inc. United is paying approximately $2 billion in cash to acquire the assets in the transaction, which is expected to close prior to year-end 2022, subject to customary conditions.

Already the largest equipment rental company worldwide, United expects to add approximately 2,100 Ahern employees, 106 locations and approximately 44,000 Ahern customers as a result of the transaction. Chief Executive Officer of Ahern Rentals Don Ahern said the transaction “will take the business forward in this next chapter of growth” and called it a “strong outcome for both organizations.”

Headquartered in Las Vegas, Ahern Rentals was founded in 1953 and is the largest independent family-owned equipment rental company in North America.

The Stoel Rives legal team advising Ahern Rentals was led by Jason Brauser, William Goodling, Brant Norquist, Gary Barnum, Marc Therrien, and Kristopher Jensen. Gibson Dunn & Crutcher LLP was co-counsel on the sale. United Rentals was represented by Sullivan and Cromwell LLP.

Key Contributors

Gary R. Barnum
Jason M. Brauser
William J. Goodling
Kristopher L. Jensen
Brant J. Norquist
Marc Therrien
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