Nesco Holdings to Acquire Custom Truck One Source

Nesco Holdings recently announced that it has entered into an agreement to acquire Custom Truck One Source for a purchase price of $1.475 billion. Nesco and Custom Truck One Source are leading providers of specialized truck and heavy equipment solutions including rental, sales and aftermarket parts and service. The combination will create a leading, one-stop-shop provider of specialty rental equipment serving growing infrastructure end-markets. With complementary business lines, customer bases and capabilities, the combination is expected to yield significant benefits from increased scale, breadth of product and service offerings, and expanded geographic coverage.In connection with the transaction, an affiliate of Platinum