Hertz Acquires Forces Inc. to Expand Energy Services Business

Hertz Global Holdings Inc. announced that Hertz Equipment Rental Corporation (HERC) has acquired Forces Inc., a 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 $17.5 billion market. By acquiring Forces, HERC will be able to expand its energy services business, with an anticipated $6 million in new revenues for 2011, while further strengthening our long-term strategy to diversify our business in the industrial sector."

HERC's energy services business specializes in providing power generator solutions to customers worldwide. The Forces acquisition enables Hertz to further penetrate power generation opportunities in the third largest industrial market in the United States, while enabling the company to tap into new opportunities in entertainment services, government, construction and other power needs in Chicago and surrounding markets.

"HERC is excited to have acquired Forces as it is one of the leading power generation companies in the Chicago area," said HERC President, Gerry Plescia. "Forces is a strong brand and brings to the table a tenured and experienced staff. With their technological and engineering experience, we envision tapping into the Forces staff to enhance our generator capabilities throughout the country."

Based in Naperville, Ill., Forces has been a power solution provider in Chicago and the upper Midwest for 40 years. Forces carries generators from 10kw to 1500kw as well as temperature control products in heat and air conditioning.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Why Do We Visit Capitol Hill?

Members of the American Car Rental Association met with U.S. senators, representatives, and their aides last week. Here’s why bringing the message to this forum matters.

The Customer Isn’t Always Right

Not caving to a customer with a blatant agenda may have consequences, especially for a small rental company that relies on stellar Yelp ratings to advertise. But business integrity must prevail.

The Truth Behind Compact Van Depreciation

Why are large van values holding up better than their compact counterparts, and will it last?

Job Finder: Access Top Talent. Fill Key Positions.