Nesco Holdings Inc

Custom Truck One Source, Inc. engages in the sale and rental of truck and heavy equipment. The firm offers aftermarket parts and service, equipment customization, remanufacturing, financing solutions, and asset disposal services. The company was founded in 1996 and is headquartered in Kansas City, MO.

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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.

Nesco Holdings Completes Acquisition of Custom Truck One Source in Partnership with Platinum Equity and Changes Its Name to Custom Truck One Source, Inc.

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.

Nesco Holdings, Inc. to Become Custom Truck One Source, Inc., Change Ticker Symbol to CTOS

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.

Nesco Prices Offering of $920 Million of 5.500% Senior Secured Second Lien Notes by Nesco Holdings II, Inc.

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").

Nesco Announces Offering of $920 Million of Senior Secured Second Lien Notes by Nesco Holdings II, Inc.

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...

Nesco Holdings, Inc. Reports Fourth Quarter and Full Year 2020 Financial Results

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...

Nesco Holdings' Shareholders Approve the Proposals Required to Consummate the Acquisition of Custom Truck One Source in Partnership with Platinum Equity

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...

Nesco Holdings, Inc. Raises $140 Million In Connection With The Previously Announced Acquisition Of Custom Truck One Source

It's merger season in the electric industry.

Why Nesco Holdings Stock Just Exploded 46% Higher

Shares of Nesco Holdings Inc. rocketed 53% toward a 15-month high in premarket trading Thursday, after the provider of equipment and services to the electric utility transmission, telecommunications and rail markets announced a deal to buy Custom Truck One Source (CTOS) for $1.475 billion, and an $850 million equity investment from an affiliate of Platinum Equity. The Platinum investment will be in exchange for Nesco common stock priced at $5.00 a share, which is 14.9% above Wednesday's closing price of $4.35.

Nesco's stock rockets after $1.5 billion acquisition deal, and large equity investment from Platinum, Blackstone

Nesco Holdings, Inc. (NSCO) CEO Lee Jacobson on Q3 2020 Results - Earnings Call Transcript

Capitol Investment Corp IV (NSCO) delivered earnings and revenue surprises of -312.50% and 3.15%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Capitol Investment Corp IV (NSCO) Reports Q1 Loss, Tops Revenue Estimates

News for Nesco Holdings Inc Stock (NSCO)