# Nesco Holdings to acquire Custom Truck One Source for $1.475B

Nesco Holdings announced a definitive agreement to acquire Custom Truck One Source for $1.475 billion. Platinum Equity will invest over $850 million in Nesco, and the combined company will be a leading provider of specialty rental equipment for infrastructure end-markets.

- Type: Acquisition
- Announced: 2020-12-03
- Where: United States
- Value: $1.48B
- Status: announced
- Products: specialized truck and heavy equipment solutions, rental equipment, aftermarket parts and service
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Platinum Equity](https://endata.com/companies/1087.md) (investor)
- [Custom Truck One Source](https://endata.com/companies/18468.md) (target)
- [NESCO](https://endata.com/companies/32910.md) (acquirer)

## Sources

- [streetinsider.com](https://www.streetinsider.com/Corporate+News/Nesco+Holdings%2C+Inc.+%28NSCO%29+To+Acquire+Custom+Truck+One+Source+for+%241.48B%2C+Platinum+Equity+to+Invest+%24850M/17677256.html), 2020-12-03: "Nesco Holdings, Inc. today announced it has entered into a definitive agreement to acquire Custom Truck One Source for a purchase price of $1.475 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.