NESCO

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.

Capitol Investment Corp. IV and Nesco Holdings I closed their merger, forming Nesco Holdings, Inc., which will trade on the NYSE under NSCO. Nesco provides specialty rental equipment for electric utility, telecom, and rail markets.

NESCO, LLC has completed the acquisition of N&L Line Equipment, a manufacturer of live-line maintenance tools for electric utilities based in Poulsbo, Washington. N&L will become part of NESCO's Utility Equipment Outfitters offerings.