Hertz, Inc. purchases SECO Construction Equipment, Inc.

Posted May 7, 2008

The Kennewick, Washington-based equipment rental company was sold to Hertz for an undisclosed sum. ASG Partners acted as exclusive advisor to the seller.

Mike Grubb

Mike Grubb brings a unique combination of operating and mergers & acquisitions (M&A) experience to his role at ASG. Prior to joining ASG, Mike had overall responsibility for a $65 million consumer subscription business that was sold to a NASDAQ company for more than $100 million. Mike was responsible for managing the P&L, expanding the company’s product offering and overseeing the marketing programs designed to drive conversion and retention among more than 2 million subscribers. In prior roles, Mike was responsible for a $10 million advertising business unit and served in a variety of other corporate development, business development and operating capacities. Mike holds a Bachelor of Science (cum laude) from the University of Washington.