ABLE Equipment Rental, Deer Park, N.Y., has purchased the equipment rental assets and service operations of Elite Construction Rentals (ECR), Wallingford, Conn. The transaction will allow ABLE to broaden its footprint further into southern New England while increasing the size of its fleet and customer base, the company says. ABLE will retain the entire Elite Construction Rental team and continue to develop its relationship with Elite’s site services and general trade business, which will continue to operate under the name “Elite Construction Resources.”
“Elite and its affiliates have served the needs of contractors, subcontractors and building concerns throughout our mutual footprint for many years. The company offered a wide range of rental products while providing site and general trade services to a loyal customer base,” said Steve Laganas, ABLE’s CEO.
“Strategically, this partnership with Elite will allow us to continue to serve as a dependable provider of aerial equipment and service to Elite’s current customer base,” said Chris Pera, ABLE’s chief operating officer. “Additionally, we’ll be able to offer a broader product range for both rent and sale, further fulfilling Elite’s customer equipment needs.”