TAMPA, FL — Synergy Equipment (Synergy), a Southeastern construction equipment rental business, and Opifex Enterprises (Opifex), a Texas equipment rental company, announce that they have combined to form one of the largest independent equipment rental businesses in the United States. Together, the company will become the ninth largest general equipment rental provider in the U.S. based on the RER 100.
With 25 branch locations across Texas, Florida, Georgia, and Alabama, the company will continue to capitalize on market opportunities in infrastructure, commercial, and related projects throughout the Southern U.S. Synergy and Opifex will continue to operate under their existing brands, with each organization's team continuing to drive the future growth of the business. In connection with the combination, the company received incremental equity capital from JC Mas as well as Avance Investment Management.
The company will be led by a five-person management committee that brings together leadership from both businesses to steer the go-forward strategic vision. Synergy Chief Executive Officer JC Mas will lead the management committee alongside Opifex Chief Executive Officer Jay Vaughn, Synergy Chief Operating Officer Jeff Karter, Synergy Chief Financial Officer Scott McPhail, and Opifex President Stefan Gresham.
