HEES News & Events

Crown Crafts (CRWS) announced that Claire Spencer has joined the company as Vice President and, effective upon Craig Demarest's retirement as the company's CFO on June 30, has been appointed CFO of the company. Spencer served from July 30, 2021 through June 2, 2025 as Director of SEC Reporting for H&E Equipment Services (HEES).

Herc Holdings (HRI) and H&E Equipment Services, Inc. d/b/a H&E Rentals (HEES) announced the expiration of the tender offer to exchange each outstanding share of H&E common stock for $78.75 in cash and 0.1287 shares of Herc common stock, in each case without interest, pursuant to the terms of the previously announced merger agreement, dated February 19, 2025, between Herc, HR Merger Sub and H&E. The Offer, which was extended on May 23, 2025, expired at one minute past 11:59 p.m. Eastern Time on May 29, 2025. The Depository and Paying Agent for the Offer has advised Herc that as of the expiration of the Offer, a total of 25,369,090 H&E Shares were validly tendered and not validly withdrawn in the Offer, representing approximately 69.33% of the outstanding H&E Shares. As of such expiration, all conditions to the Offer have been satisfied or waived and Merger Sub has accepted for payment all H&E Shares validly tendered and not validly withdrawn in accordance with the terms of the Offer. Herc, Merger Sub and H&E currently expect to close the acquisition on June 2, 2025.

Herc Holdings (HRI) announced that it has extended its previously announced tender offer to acquire all of the outstanding shares of H&E Equipment (HEES) common stock for $78.75 in cash and 0.1287 shares of Herc common stock for each H&E share, in each case without interest, pursuant to the terms of the previously announced merger agreement, dated February 19, between Herc, HR Merger Sub, Inc. and H&E.