Public Company Industrial Services

Custom Truck One Source

Kansas City, Missouri, United States

Provider of specialized truck and heavy equipment solutions with sales, rentals, aftermarket parts and service, equipment customization/remanufacturing, financing solutions, and asset disposal across North America.

Focus Areas
Specialized truck and heavy equipment rental, Aftermarket parts and service, Equipment customization and remanufacturing
Website
customtruck.com

Tracked deals

4

4 tracked deals across 2021-2024.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

4 buyout

Custom Truck One Source Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Custom Truck One Source. 1 2021 1 2022 2 2024

Supporting Data

Recent Transactions

  • Buyer
    Custom Truck One Source, Inc.
    Target
    A&D Maintenance and Repair
    Seller
    The Fliegels (owners of A&D Maintenance and Repair)
    Type
    Buyout

    Custom Truck One Source, Inc. (NYSE: CTOS) has acquired the business of A&D Maintenance and Repair, a family-owned full-service repair facility in Wyandanch, New York. The deal adds over 20,000 square feet and expands Custom Truck's service capacity and presence on Long Island and in the greater New York City metro area.

  • Buyer
    Custom Truck One Source
    Target
    SOS Fleet Services
    Type
    Buyout

    Custom Truck One Source, a Kansas City–based provider of specialty truck equipment, rentals and services, has acquired SOS Fleet Services, a full-service repair facility in Alexandria, Louisiana. The acquisition adds more than 30,000 sq. ft. of service space and expands Custom Truck's Gulf States footprint, increasing its branch network and enabling local repair and rental support for regional customers.

  • Buyer
    Custom Truck One Source, Inc.
    Target
    HiRail Leasing Group
    Industry
    Transportation
    Location
    Ontario, Canada
    Type
    Buyout

    Custom Truck One Source, Inc. (NYSE: CTOS) acquired HiRail Leasing Group — including HiRail Leasing, Northshore Rail Contracting and Heavy Equipment Repairs — for $46.0 million. The deal adds over 600 rental units, two Canadian locations in Ontario and Alberta, and expands Custom Truck’s rental footprint and rail customer relationships in Canada; the purchase was funded with cash on hand and drawings on the company’s credit facility.

  • Buyer
    Nesco Holdings, Inc. (renamed Custom Truck One Source, Inc.), Platinum Equity, LLC
    Target
    Custom Truck One Source, L.P.
    Seller
    Custom Truck One Source, L.P., The Blackstone Group, Certain CTOS equity holders (including funds managed by Blackstone)
    Type
    Buyout

    Nesco Holdings, in partnership with an affiliate of Platinum Equity, completed the previously announced acquisition of Custom Truck One Source, L.P. for $1.475 billion and the combined company was renamed Custom Truck One Source, Inc. Platinum Equity became the majority stockholder while certain former CTOS equity holders, including funds managed by Blackstone, retained minority stakes. The combined business creates a leading provider of specialized truck and heavy equipment rental, sales, parts and service focused on infrastructure end markets.

Related Acquisition Pages

Selling a company? Get in front of buyers like Custom Truck One Source

Turn tracked acquisition activity into an outreach-ready buyer list.