Davis Polk is advising Deutsche Bank as financial adviser to Neff Corporation in connection with its acquisition by H&E Equipment Services, Inc. at an enterprise value of approximately $1.2 billion. The acquisition, which is expected to close in 2017, is subject to customary closing conditions and regulatory approvals.
Neff Corporation is a regional equipment rental company, focused on infrastructure, non-residential construction, energy and municipal and residential construction, especially in the fast-growing Sunbelt States. H&E Equipment Services, Inc. is one of the largest integrated equipment services companies in the United States.
The Davis Polk corporate team includes partner Phillip R. Mills, associate Julian Azran and summer law clerk Meaghan Kennedy. All members of the Davis Polk team are based in the New York office.