CTOS - Mergers and acquisitions

Custom Truck One Source, Inc. (NYSE:CTOS) proudly announces its acquisition of the business of SOS Fleet Services, LLC, a full-service repair facility located in Alexandria, Louisiana. This acquisition brings over 30,000 square feet of space and a highly experienced team that will significantly enhance Custom Truck's service footprint in the region. Our new Alexandria branch is poised to offer the full breadth of Custom Truck's rental product offering, as well as repair service, to customers in the area. This acquisition, along with the recently announced 2024 planned branch openings in Casa Grande, AZ, Sacramento, CA and Salt Lake City, UT, will increase Custom Truck's national footprint

KANSAS CITY, Mo., Jan. 14, 2022 /PRNewswire/ -- Custom Truck One Source, Inc. (NYSE:CTOS, ", CTOS", or the ", Company", ))) today announced the completion of the acquisition of HiRail Leasing, Northshore Rail Contracting and Heavy Equipment Repairs (collectively, "HiRail" or the "HiRail Leasing Group") for $46.0 million, subject to fleet and other customary purchase price adjustments. With over 600 rental units, HiRail is among the largest rail equipment rental providers in Canada and serves Canada's leading railways and rail contractors. HiRail's two locations in Ontario and