Atlas Copco's sale of Rental Service Corp., which is believed to be the largest single transaction in the history of the equipment rental sector, should have little impact on the U.S. rental firm's future operations, say company officials.
Under the terms of the deal announced on Oct. 6, New York City-based Ripplewood Holdings and Oak Hill Capital Partners will share a 50% stake in the deal valued at $3.8 billion. They plan to keep existing management in place.