article thumbnail

Astec Completes Acquisition of TerraSource Holdings, LLC

Benzinga

Revenue growth potential, margin expansion, EPS accretive, enhanced cash flow Purchase price of $245 million in cash, on a cash-free, debt-free basis. net debt/adjusted EBITDA CHATTANOOGA, Tenn., July 01, 2025 (GLOBE NEWSWIRE) -- Astec Industries, Inc.

article thumbnail

United Rentals to Acquire H&E Equipment Services, Inc.

Benzinga

d/b/a H&E Rentals (NASDAQ: HEES ) ("H&E") today announced their entry into a definitive agreement under which United Rentals will acquire H&E for $92 per share in cash, reflecting a total enterprise value of approximately $4.8 billion of net debt. billion, including approximately $1.4