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3 - Custom Truck One Source, Inc. (0001709682) (Issuer)
3 - Custom Truck One Source, Inc. (0001709682) (Issuer)
3 - Custom Truck One Source, Inc. (0001709682) (Issuer)
3 - Custom Truck One Source, Inc. (0001709682) (Issuer)
4 - Custom Truck One Source, Inc. (0001709682) (Issuer)
4 - Custom Truck One Source, Inc. (0001709682) (Issuer)
4 - Custom Truck One Source, Inc. (0001709682) (Issuer)
4 - Custom Truck One Source, Inc. (0001709682) (Issuer)
4 - Custom Truck One Source, Inc. (0001709682) (Issuer)
4 - Custom Truck One Source, Inc. (0001709682) (Issuer)
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KANSAS CITY, Mo., April 1, 2021 /PRNewswire/ -- Nesco Holdings, Inc. (NYSE: NSCO) ("Nesco"), which has been renamed as Custom Truck One Source, Inc. (the "Company") effective today, in partnership with an affiliate of Platinum Equity, LLC ("Platinum"), today announced the closing of the previously announced transaction to acquire Custom Truck One Source, L.P. ("CTOS") for a purchase price of $1.475 billion. Nesco and CTOS are leading providers of specialized truck and heavy equipment solutions, including rental, sales and aftermarket parts and service. The Company is headquartered in Kansas City, Missouri and led by CTOS co-founder and CEO Fred Ross. The combination creates a leading, one-
FORT WAYNE, Ind., March 19, 2021 /PRNewswire/ -- Nesco Holdings, Inc. (NYSE: NSCO) ("Nesco" or the "Company") announced today that, in anticipation of the previously announced proposed acquisition by Nesco's wholly owned subsidiary, Nesco Holdings II, Inc., of 100% of the limited partnership interests of Custom Truck One Source, L.P. (the "Target") and 100% of the limited liability company interests of the Target's general partner (the "Acquisition"), Nesco will change its name to Custom Truck One Source, Inc. Nesco will also change the NYSE ticker symbol of its common stock from "NSCO" to "CTOS" and the ticker symbol of its redeemable warrants from "NSCO.WS" to "CTOS.WS" immediately upon th
FORT WAYNE, Ind., March 17, 2021 /PRNewswire/ -- Nesco Holdings, Inc. (NYSE: NSCO, "Nesco") announced today that, in anticipation of the previously announced proposed business combination (the "proposed business combination") of its wholly owned subsidiary Nesco Holdings II, Inc. (the "Issuer") with Custom Truck One Source, L.P. ("Custom Truck"), the Issuer has priced an offering of $920 million aggregate principal amount of 5.500% senior secured second lien notes due 2029 (the "Notes"). The sale of the Notes is expected to be consummated on or about April 1, 2021, subject to customary closing conditions. The net proceeds from the offering of the Notes, together with borrowings under a new
FORT WAYNE, Ind., March 15, 2021 /PRNewswire/ -- Nesco Holdings, Inc. (NYSE: NSCO, "Nesco") announced today that its indirect wholly owned subsidiary Nesco Holdings II, Inc. (the "Issuer") intends to offer $920 million aggregate principal amount of senior secured second lien notes due 2029 (the "Notes"). The Notes will be guaranteed on a senior secured second lien basis by Capitol Investment Merger Sub 2, LLC and each of the Issuer's existing and future wholly owned domestic restricted subsidiaries that guarantees the Issuer's obligations under its first lien asset-based revolving credit facility or certain other indebtedness. The net proceeds from the offering of the Notes, together with bo
FORT WAYNE, Ind., March 8, 2021 /PRNewswire/ -- Nesco Holdings, Inc. (NYSE: NSCO, "Nesco" or the "Company"), a leading provider of specialty rental equipment to the electric utility, telecom and rail infrastructure end markets, today reported financial results for its fourth quarter and fiscal year ended December 31, 2020. Total revenue in the fourth quarter was $83.3 million, an increase of 7.8% from the fourth quarter of 2019, as increased equipment sales and growth in PTA more than offset the negative impact of COVID-19 related project delays. For the full year 2020, the Company reported total revenue of $302.7 million, an increase of 14.7%, primarily due to higher equipment sales and th
FORT WAYNE, Ind., Feb. 19, 2021 /PRNewswire/ -- Nesco Holdings, Inc. (NYSE: NSCO, "Nesco" or the "Company") announced today that, at its special meeting of shareholders, held yesterday, shareholders approved and adopted the NYSE Proposal and each of the Charter Proposals (as such terms are defined in Nesco's definitive proxy statement filed with the U.S. Securities and Exchange Commission on January 20, 2021). The final vote results, as certified by the independent Inspector of Election, will be filed on a Form 8-K with the U.S. Securities and Exchange Commission. Subject to customary closing conditions, the closing of the transactions described in the definitive proxy statement, including t
FORT WAYNE, Ind., Dec. 21, 2020 /PRNewswire/ -- Nesco Holdings, Inc. (NYSE: NSCO, "Nesco" or the "Company") today announced that it has entered into an agreement with a group of investors (the "Investors"), for the private placement of $140 million of common stock to finance in part the previously announced acquisition of Custom Truck One Source ("Custom Truck"). The Investors have committed to purchase 28 million shares of the Company's common stock at a price of $5.00 per share upon closing of the transaction. This private placement is expected to replace the need for Platinum Equity's backstop, which represented $100 million of the over $850 million of equity that Platinum Equity has c
FORT WAYNE, Ind., Dec. 3, 2020 /PRNewswire/ -- Nesco Holdings, Inc. (NYSE: NSCO, "Nesco" or the "Company") today announced it has entered into a definitive agreement to acquire Custom Truck One Source ("CTOS") for a purchase price of $1.475 billion. Nesco and CTOS are leading providers of specialized truck and heavy equipment solutions including rental, sales and aftermarket parts and service. The combination will create a leading, one-stop-shop provider of specialty rental equipment serving highly attractive and growing infrastructure end-markets, including transmission and distribution ("T&D"), the 5G revolution build-out and critical rail and other national infrastructure initiatives.
D - Custom Truck One Source, Inc. (0001709682) (Filer)
8-K - Custom Truck One Source, Inc. (0001709682) (Filer)
8-K - Custom Truck One Source, Inc. (0001709682) (Filer)
8-K - NESCO HOLDINGS, INC. (0001709682) (Filer)
8-K - NESCO HOLDINGS, INC. (0001709682) (Filer)
8-K - NESCO HOLDINGS, INC. (0001709682) (Filer)
DEF 14A - NESCO HOLDINGS, INC. (0001709682) (Filer)
8-K - NESCO HOLDINGS, INC. (0001709682) (Filer)
PRE 14A - NESCO HOLDINGS, INC. (0001709682) (Filer)
8-K - NESCO HOLDINGS, INC. (0001709682) (Filer)
Live Leadership Updates
FORT WAYNE, Ind., Dec. 3, 2020 /PRNewswire/ -- Nesco Holdings, Inc. (NYSE: NSCO, "Nesco" or the "Company") today announced it has entered into a definitive agreement to acquire Custom Truck One Source ("CTOS") for a purchase price of $1.475 billion. Nesco and CTOS are leading providers of specialized truck and heavy equipment solutions including rental, sales and aftermarket parts and service. The combination will create a leading, one-stop-shop provider of specialty rental equipment serving highly attractive and growing infrastructure end-markets, including transmission and distribution ("T&D"), the 5G revolution build-out and critical rail and other national infrastructure initiatives.
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SC 13D - Custom Truck One Source, Inc. (0001709682) (Subject)
SC 13D/A - Custom Truck One Source, Inc. (0001709682) (Subject)
SC 13D - Custom Truck One Source, Inc. (0001709682) (Subject)
SC 13D/A - Custom Truck One Source, Inc. (0001709682) (Subject)
SC 13G/A - NESCO HOLDINGS, INC. (0001709682) (Subject)
SC 13G/A - NESCO HOLDINGS, INC. (0001709682) (Subject)