Hirequip Ltd

Hirequip was the largest equipment hire company in New Zealand with 55 branches across the country.  The range of equipment ranged from heavy construction to weekend handyman gear for the home owner or tradesmen.  Fifty percent of Hirequip was purchased from a private equity fund and subsequently the other 50% purchased from the original founder.  After 2 further acquisitions, branch network expansion and plant additions to the branch network, Hirequip was sold to private equity at the end of 2006.