Titan Machinery Inc. announced last week that it has closed on the acquisition of East Helena Rental LLC, an independent rental yard located in Helena, Mont.
East Helena Rental has been in business for over fifteen years. This rental equipment location will benefit from synergies with Titan Machinery’s existing locations in Missoula, Great Falls, Bozeman and Big Sky. In its most recently reported fiscal year, East Helena Rental generated revenue of approximately $1 million.
David Meyer, Titan Machinery’s chairman and CEO, said, “We are excited about the acquisition of East Helena Rental, as it will enable us to further capitalize on the construction rental opportunity and provide parts and service capabilities in the Helena area. This complements our rental locations that were part of the ABC Rental acquisition completed last year.”