U.S. Rentals

"United Rentals is a good example of an integration process that proved it could go round after round. In the three months after I founded the company, we acquired six equipment rental businesses to give our concept a physical presence. From there, we began to execute a methodical M&A strategy that integrated about 250 independent rental businesses into our branch network, including our landmark purchase of U.S. Rentals in 1998. U.S. Rentals was the second-biggest equipment rental provider, and the largest acquisition in the industry up to that point."