Hertz Global Holdings Inc. announced that Hertz Equipment Rental Corporation (HERC) has acquired Forces Inc., a leading power generator rental company headquartered in the Chicago Metro area.
"The Forces acquisition is strategically important for Hertz Equipment Rental as it will enable us to fortify our positioning in the Metro-Chicago area," commented Hertz Chairman and Chief Executive Officer Mark P. Frissora. "The construction and industrial market in Chicago is estimated to be a $17.5B market. By acquiring Forces, HERC will be able to expand its energy services business, with an anticipated $6M in new revenues for 2011, while further strengthening our long term strategy to diversify our business in the industrial sector."
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