Equipment Rental Company

Articulated boom lift. Aerial platform lift. Telescopic boom lift against blue sky. Mobile construction crane for rent and sale. Maintenance and repair hydraulic boom lift service. Crane dealership.

INDUSTRY

Equipment

Overview

An equipment rental company specializing in lift equipment.

Issue

The company was underperforming, facing financial challenges and sub-optimal asset utilization.

Problem to Solve

The company required a strategic partner to facilitate its exit from the market.

Solutions Provided

Hilco Commercial Industrial (HCI) performed comprehensive due diligence to gain strategic insight into the business’s challenges, assessing the most effective solutions. Leveraging the expertise of Hilco Receivables and Hilco Valuation services, HCI ultimately determined that acquiring and restructuring the business was the optimal approach.

Beyond capital investment, HCI deployed a team of experienced operators and resources to stabilize operations, streamline processes, and enhance efficiency. This approach facilitated an accelerated turnaround, culminating in successful and expedited sale of the company.

Results

Hilco Commercial Industrial utilized its deep asset expertise to deliver an optimal solution for the client. Drawing on its advisory and turnaround capabilities and proficiency in navigating complex situations, a process that typically spans 3-5 years was efficiently completed in just two years, achieving an advantageous exit sooner than anticipated.

Let’s connect and work together

If your business or a business in your portfolio is facing a current challenge, our team can provide a qualified perspective and experience-based guidance toward an optimized resolution.