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HSS has acquired All Seasons Hire, the supplier of heating systems with depots in Andover, Dartford and Birmingham, for £11m.
HSS is planning to open six tool hire depots of up to 30,000 sq ft this year, and Savills has been appointed to advise on its property portfolio.
HSS, the chain of 300 tool hire centres with 2,500 staff, is to be acquired by Aurigo Management for £310m.
HSS is seeking acquisitions to expand its network of 335 tool hire depots, and has also identified 14 potential sites for new depots.
HSS is to sell its RentX tool hire operations in the US, and the proceeds will be invested in its UK operations.