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Neff Corp.

Full company profile

uuid003dp2b

Namestring
Neff Corp.
Websiteurl
neffrental.com
Company typeenum
Private
Founded yearint
1989
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersMiami, United States
HQ citystring
Miami
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
construction equipment rental, industrial equipment leasing, heavy equipment rental, contractor equipment rental, rental fleet services
Industry3 codes
1Material Handling Equipment Rental/Leasing (Forklifts, Telehandlers, Reach Trucks)
CodeTLABAFAFPrimaryNo
2Aerial Work Platforms (MEWPs) Rental/Leasing
CodeTLABAFAEPrimaryNo
3Site Services & Temporary Infrastructure Rental/Leasing (Portable Toilets, Fencing, Storage Containers)
CodeTLABAFAHPrimaryNo
NAICS code3 codes
  • Commercial and Industrial Machinery and Equipment Rental and Leasing5324
  • Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing532412
  • Other Commercial and Industrial Machinery and Equipment Rental and Leasing53249
SIC code2 codes
  • Services-Equipment Rental & Leasing, Nec7359
  • Services-Miscellaneous Equipment Rental & Leasing7350
Product category
Equipment Rental Services
Cost components5 values
Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Neff Corp. rents construction, industrial, and contractor equipment to business customers across the United States. The company operates a large fleet of physical rental assets and serves customers through branch-based operations. Founded in 1989 and headquartered in Miami, Neff is described as one of the largest and fastest growing equipment rental companies in the US.

Differentiator
Functional benefit
Problem solved
Recent move2 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight2 records

Each record includes

Type, Description

Peers10 records
1Caterpillar
TypeBroad incumbent
Description

Largest construction and earthmoving equipment OEM with growing rental exposure via Cat Rental Stores; relevant for fleet pricing dynamics and supply dynamics facing Neff.

2H&E Equipment Services
TypeDirect peer
Description

Public equipment rental and distribution company (Nasdaq: HEES) serving industrial and construction customers — closely comparable to Neff in fleet mix and end-market exposure.

3Ahern Rentals
TypeDirect peer
Description

Privately held, large US equipment rental company operating in the same commercial/industrial categories with comparable geographic overlap in the West and Southwest.

4WillScot
TypeEmerging player
Description

Public mobile modular space and portable storage renter (Nasdaq: WSC); adjacent to Neff's site services category, with shared industrial/construction customer base.

5United Rentals
TypeBroad incumbent
Description

Largest US equipment rental company with a broad commercial/industrial fleet and national branch network. Most direct large-cap comparable to Neff's commercial/industrial rental model.

6McGrath RentCorp
TypeEmerging player
Description

Public rental company (Nasdaq: MGCI) with modular buildings and portable storage, plus smaller equipment rental exposure — comparable for fleet/asset-rental economics.

7Herc Rentals
TypeDirect peer
Description

Public equipment rental company (NYSE: HRI) focused on commercial and industrial customers with a similar multi-category fleet and project-driven customer base.

8Ashtead Group
TypeBroad incumbent
Description

UK-listed parent of Sunbelt Rentals; an international equipment rental incumbent providing a direct global benchmark for Neff's commercial/industrial rental economics.

9United Site Services
TypeEmerging player
Description

US provider of site services and temporary infrastructure rentals (portable toilets, fencing, storage) directly comparable to a portion of Neff's site services fleet offering.

10Sunbelt Rentals
TypeDirect peer
Description

Second-largest US equipment rental operator (Ashtead Group subsidiary), competing head-to-head with Neff across aerial, earthmoving, material handling, and site services categories.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Neff Corp.

Equipment Rental Servicesneffrental.com

Neff Corp. firmographics

Firmographics
Name
Neff Corp.
Website
https://neffrental.com
Company type
Private
Founded year
1989
Headcount range
1,001–5,000 employees
Ownership category
akta.pro rank

Where Neff Corp. is headquartered

Location

Headquarters

HQ city
Miami
HQ country
United States
HQ region
North America

Markets served

Neff Corp. business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Neff Corp. product offering

Product offering

Core offering

Neff Corp. rents construction, industrial, and contractor equipment to business customers across the United States. The company operates a large fleet of physical rental assets and serves customers through branch-based operations. Founded in 1989 and headquartered in Miami, Neff is described as one of the largest and fastest growing equipment rental companies in the US.

Differentiator

Problem solved

Functional benefit

Companies that use Neff Corp.

Customer profile

Ideal customer profiles1 record

Neff Corp. technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Neff Corp. partnerships and signals

Strategic signal

Recent moves2 records

Expansion highlights2 records

Neff Corp. competitors and assessment

Company assessment

Broad incumbents

  • Caterpillar: Largest construction and earthmoving equipment OEM with growing rental exposure via Cat Rental Stores; relevant for fleet pricing dynamics and supply dynamics facing Neff.
  • United Rentals: Largest US equipment rental company with a broad commercial/industrial fleet and national branch network. Most direct large-cap comparable to Neff's commercial/industrial rental model.
  • Ashtead Group: UK-listed parent of Sunbelt Rentals; an international equipment rental incumbent providing a direct global benchmark for Neff's commercial/industrial rental economics.

Direct peers

  • H&E Equipment Services: Public equipment rental and distribution company (Nasdaq: HEES) serving industrial and construction customers — closely comparable to Neff in fleet mix and end-market exposure.
  • Ahern Rentals: Privately held, large US equipment rental company operating in the same commercial/industrial categories with comparable geographic overlap in the West and Southwest.
  • Herc Rentals: Public equipment rental company (NYSE: HRI) focused on commercial and industrial customers with a similar multi-category fleet and project-driven customer base.
  • Sunbelt Rentals: Second-largest US equipment rental operator (Ashtead Group subsidiary), competing head-to-head with Neff across aerial, earthmoving, material handling, and site services categories.

Emerging players

  • WillScot: Public mobile modular space and portable storage renter (Nasdaq: WSC); adjacent to Neff's site services category, with shared industrial/construction customer base.
  • McGrath RentCorp: Public rental company (Nasdaq: MGCI) with modular buildings and portable storage, plus smaller equipment rental exposure — comparable for fleet/asset-rental economics.
  • United Site Services: US provider of site services and temporary infrastructure rentals (portable toilets, fencing, storage) directly comparable to a portion of Neff's site services fleet offering.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Neff Corp. social profiles

Digital presence

Neff Corp. financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Neff Corp. leadership team

Management profile

Number of profiles

Neff Corp. funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Neff Corp. M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Neff Corp.

What does Neff Corp. do?

Neff Corp. rents construction, industrial, and contractor equipment to business customers across the United States. The company operates a large fleet of physical rental assets and serves customers through branch-based operations. Founded in 1989 and headquartered in Miami, Neff is described as one of the largest and fastest growing equipment rental companies in the US.

When was Neff Corp. founded?

Neff Corp. was founded in 1989. It employs 1,001 to 5,000 people.

Where is Neff Corp. based?

Neff Corp. is headquartered in Miami, United States, in the North America region.

Who are Neff Corp.'s main competitors?

Broad incumbents on record are Caterpillar, United Rentals and Ashtead Group. Direct peers are H&E Equipment Services, Ahern Rentals, Herc Rentals and Sunbelt Rentals. Emerging players are WillScot, McGrath RentCorp and United Site Services.

Does Neff Corp. have an API?

No public API is recorded for Neff Corp..

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Live signals
WorldpumpsHolland Pump appoints new chief financial officerHolland Pump has appointed Keno Cox as its new chief financial officer, leveraging his previous senior finance experience at Neff Corp and United Rentals. This leadership change supports the company's strategic expansion into new markets following an earlier investment from XPV Water Partners.PR NewswireBreakfast Technical Briefing on Rental and Leasing Services Stocks -- Hertz Global, Avis Budget, Rent-A-Center, and United RentalsDaily Stock Tracker published stock research reports on four rental and leasing services companies on August 22, 2017, covering Hertz Global Holdings, Avis Budget Group, Rent-A-Center, and United Rentals. United Rentals announced a definitive agreement to acquire Neff Corporation for approximately $1.3 billion at $25 per share in cash, expected to be immediately accretive to cash EPS and free cash flow. Hertz Global reported Q2 2017 net loss of $158 million on $2.2 billion in revenues, while Avis Budget reported Q2 net income of $3 million on $2.2 billion in revenue.ReutersUnited Rentals to buy Neff Corp for about $1.3 blnUnited Rentals said it will buy construction equipment rental chain Neff Corp for about $1.3 billion, offering $25 per share, a 1.8% premium to Neff's Wednesday close. The boards of both companies have approved the agreement.PR NewswireHarwood Feffer LLP Announces Investigation of Neff CorporationHarwood Feffer LLP has announced an investigation into the board of directors of Neff Corporation regarding its proposed acquisition by H&E Equipment Services for approximately $1.2 billion. The legal inquiry focuses on whether the board is fulfilling fiduciary duties and maximizing value for stockholders who are set to receive $21.07 per share. This development introduces potential regulatory or litigation risks to the completion of the merger transaction.PR NewswireRowley Law PLLC Is Investigating Neff Corporation and Its Board of Directors For Potential Breaches Of Fiduciary DutyRowley Law PLLC announced it is investigating Neff Corporation and its board of directors for potential breaches of fiduciary duty related to the proposed acquisition by H&E Equipment Services. The transaction is valued at approximately $1.2 billion, with H&E offering $21.07 per share in cash for Neff. The deal was expected to close in the third or fourth quarter of 2017.PR NewswireGlobal Construction Equipment Rental Market 2015-2019Technavio published a market research report projecting the global construction equipment rental market to grow at a CAGR of more than 7% by 2019, driven by increased infrastructure development and the need to replace outdated equipment. The European region is expected to account for over 40% of the market share by 2019, with Poland, Spain, Germany, and France identified as key growth markets. Key vendors analyzed in the report include Hertz Equipment, Loxam group, Neff Rental, Sunbelt, and United Rentals, with fleet management software emerging as a notable industry trend.