Nesco buys Custom Truck One Source for $1.475bn

Lindsey Anderson

December 07, 2020

Nesco Holdings Inc. is to acquire Custom Truck One Source (CTOS) for US$1.475 billion. The deal will see the merger of the two largest utility equipment rental companies in North America, creating a single business with 46 locations and a fleet of almost 9,000 units.

Private equity business Platinum Equity…

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