Transaction extends Opifex-Synergy's presence to nine of the nation's 11 largest rental markets and nearly doubles its total addressable market

HOUSTON--(BUSINESS WIRE)--September 29, 2026-- 

Opifex-Synergy, one of the largest general equipment rental providers in the United States, today announced the acquisition of ECCO Equipment Company, LLC from an affiliate of Hitachi Construction Machinery Co., Ltd., marking the company's entry into the Western U.S. with operations in California, Arizona, Nevada, Utah, and Idaho.

With the acquisition, Opifex-Synergy now operates in nine of the 11 largest U.S. equipment rental markets and 18 of the top 30, and nearly doubles its total addressable market. The company's new Western footprint spans Northern, Central, and Southern California as well as the Phoenix, Las Vegas, Salt Lake City, and Boise markets, complementing Opifex-Synergy's existing positions in Texas and the Southeast.

"ECCO gives us a strong foundation in the West, with great people and loyal customers in some of the most active construction markets in the country. From here, we intend to invest behind this team with new fleet, upgraded branches, and additional locations," said Jay Vaughn III, Chief Executive Officer of Opifex-Synergy. "We're knocking on the door of being a top five rental company in America, and we expect to be there by the end of 2027. Our playbook works, and we're bringing it to the West."

Opifex-Synergy customers in the newly added markets will have access to the company's broad fleet of general and specialty rental equipment, including aerial, earthmoving, material-handling, compact, pump, trenching and compaction equipment. The company expects to integrate the acquired operations into its national platform and rebrand under the Opifex-Synergy name following a transition period.

This acquisition marks the latest step in Opifex-Synergy's rapid expansion since the August 2024 combination of Synergy Equipment and Opifex Enterprises, which brought together Synergy's established presence across Florida, Georgia, and Alabama with Opifex's operations in Texas. In September 2025, Opifex-Synergy acquired Equipment Finders, Inc., adding a leading position in the Nashville market.

The acquisition broadens Opifex-Synergy's customer base and positions the company to continue climbing the ranks of the nation's largest equipment rental providers.

Financial terms of the transaction were not disclosed.

About Opifex-Synergy

Formed through the merger of Opifex Enterprises and Synergy Equipment, Synergy Infrastructure Holdings, LLC (d/b/a Opifex-Synergy) is one of the largest equipment rental and infrastructure services providers in the United States. With operations across Texas, the Southeast, and the Western U.S., the company serves infrastructure, industrial, institutional, and commercial sectors through a modern fleet that includes aerial, earthmoving, trench safety, pumps, compaction, material handling, and specialty equipment.

The company continues to be supported by its investors, including Avance Investment Management, Mas Group, and BlackRock's managed funds and accounts. Opifex-Synergy is committed to operational excellence, local responsiveness, and long-term growth. For more information, please visit https://www.synergyequip.com.

Cautionary Statement Concerning Forward-Looking Statements

Certain statements in this press release are "forward-looking" statements based on assumptions currently believed to be valid. Forward-looking statements are all statements other than statements of historical facts. The words "anticipate," "believe," "ensure," "expect," "if," "intend," "estimate," "aim," "will," "could," "should," "would," "potential," "may," "might," "anticipate," "likely," "plan," "positioned, " "strategy," and similar expressions or other words of similar meaning, and the negatives thereof, are intended to identify forward-looking statements. Specific forward-looking statements in this press release include, among other things, statements regarding the Company's expectations and beliefs regarding (i) its acquisition of ECCO, including the benefits of such acquisition, (ii) its total addressable markets and growth opportunities, (iii) its ability to become a top five rental company in the U.S., (iv) its capital allocation strategy, and (v) its planned integration of ECCO.

Any such statements, which are subject to risks, uncertainties and assumptions about us, may include projections, forecasts or assumptions of our future financial performance, our anticipated growth strategies, anticipated trends in our business and other factors. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements, including but not limited to risks related to: (1) global economic conditions, geopolitical risks and public health crises and epidemics; (2) declines in construction or industrial activity; (3) changes in customer, fleet, geographic and segment mix; (4) excess fleet in the equipment rental industry; and (5) competition from existing and new competitors. These factors are not intended to be an all-inclusive list of risks and uncertainties that may affect the operations, performance, development and results of our business. Please see our Annual Report for the year ended December 31, 2025, posted on Intralinks, which includes additional risks which may impact our beliefs and expectations. In addition, other risks and uncertainties not presently known to us or that we currently consider immaterial could affect the accuracy of our forward-looking statements. Any forward-looking statement, including any statement expressing confidence regarding future outcomes, speaks only as of the date on which such statement is made and, except as required by law, we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. As such, you are cautioned not to place undue reliance on forward-looking statements.

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