VE Partners has successfully sold EQIN | Indu-Tools Group to United Rentals International B.V., enhancing United Rentals' footprint in the European industrial rental market.

Information on the Target

VE Partners has successfully sold EQIN | Indu-Tools Group to United Rentals International B.V., a fully owned subsidiary of United Rentals Inc., which is recognized as the world's leading equipment rental company. With a robust network of approximately 1,500 rental locations across North America and additional locations in Europe, Australia, and New Zealand, United Rentals is publicly listed on The New York Stock Exchange under the symbol URI.

Previously acquired by VE Partners in 2020 from Stork, EQIN marked the firm's entry into the industrial rental market within the Netherlands, Belgium, and Germany. Following its strategic carve-out from Stork, the focus shifted to enhancing professional practices and expanding the company's operational base. The recent merger in May 2023 with Indu-Tools, a peer operating in the Netherlands, Belgium, and France, has further augmented EQIN's footprint and capabilities in these regions.

Industry Overview in the Target’s Specific Country

The industrial rental market in Western Europe is characterized by steady growth driven by increased demand for specialized equipment across various sectors, including construction, m

View Source

Similar Deals

Greendelta Corporate Investments Burtec

2025

Late-Stage VC Construction Machinery Netherlands
FIELDS Group Lennips Groep

2025

Late-Stage VC Construction & Engineering (NEC) Netherlands
Frénéhard & Michaux Group Altrex

2023

Late-Stage VC Diversified Industrial Goods Wholesale Netherlands
Egeria APOC Aviation

2020

Late-Stage VC Aircraft Equipment Wholesale Netherlands
Crest Construction Group Finkenflügel Dakbedekkingen B.V.

2025

Buy & Build / Roll-Up Building Contractors Netherlands
Micro Machining Group MG Twente

2025

Other Machine Tools Netherlands

United Rentals International B.V.

invested in

EQIN | Indu-Tools Group

in 2023

in a Late-Stage VC deal

Deal Parameters
Industry
Country
Seller type

Sign Up to Dealert