The Competition and Markets Authority (CMA) has cleared the way for HSS ProService Marketplace’s major supply and shareholder commercial agreement with Speedy Hire.
The move marks the start of a new, digitally driven model for building services across the UK construction and maintenance sectors.
The agreement brings together HSS ProService’s digital marketplace technology and data-driven procurement systems with Speedy’s nationwide network of equipment and operational expertise.
On HSS ProService Marketplace, Speedy replaces The Hire Service Company (THSC) providing customers of all sizes with an improved service.
ProService also becomes Speedy Hire’s sole supplier for rehire and resale creating further opportunities for its supply chain partners.
Speedy has acquired a 10% shareholding in ProService as part of the deal.
Speedy will supply the majority of core hire equipment available through the platform and provide testing services to ensure site safety and compliance.
HSS ProService Marketplace will also be taking over Speedy’s rehire business.
Tom Shorten, CEO of HSS ProService Marketplace, said: “Contractors and trades want value and efficiency. They want clear pricing, availability, and confidence that equipment will be there when needed. Our technology is the key to this.
“Bringing Speedy into the HSS ProService Marketplace means we can offer a deeper fleet, a wider footprint, and a single digital platform that simplifies the process end-to-end. For a site manager, that means fewer phone calls, less admin, and better control of hire spend.
“Brick by brick, we’ve been building a digital business that’s fit for the future of this industry and this partnership represents a major step forward in how equipment can be sourced, supplied, and managed across the industry.”
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