HSS Hire - History - 2000

2000

In 2003, the Davis Service Group, owners of HSS Hire, announced the sale of the company by means of a management buy-in, backed by 3i venture capital. The sale was completed in early 2004 and HSS Hire Group became an independent organisation.

Throughout 2004, to enable the company to concentrate on its core tool and equipment hire in the UK, the Event Hire division was sold to Johnson’s Hospitality Services and the German operation to Dutch company Pierre Boels. A new retail partnership was also signed with Dulux Decorator Centres, and the first major acquisition since the change of ownership took place with the purchase of A1 Hire and Sales in Bournemouth.

HSS were awarded the Safe-HIRE quality mark by the Hire Association Europe (HAE), in 2006 they were awarded with the HAE's ‘Hire Company of the Year’ award. In the same year the training solutions division secured accreditation for one of its courses from City and Guilds.

In 2007, after 3 years of investment, 3i sold HSS Hire to Och-Ziff Capital Management and Aurigo, the investment vehicle headed by ex-Asda CEO Archie Norman.

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