Herc Holdings sells Cinelease business to Zello for $100M cash plus earnouts

HERC HOLDINGS INC

Sale completed July 31, 2025; initial cash consideration $100M, plus potential earnouts.
Acquired by Zello, a private investment platform.
Net proceeds to repay credit facility debt.
Herc retains core equipment rental business.

item 8.01

Source: SEC EDGAR

accession 0001364479-25-000043

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