SurvivorIndustrials
What Happened to Custom Truck One Source?
Ticker: CTOSSPAC Year: 2017
Return
-36.9%
Current Price
$6.31
Peak Price
$11.36
Trust Size
$3.4B
Summary
Custom Truck One Source is a leading provider of specialty truck and heavy equipment solutions including rental, sales, and aftermarket parts and service across North America.
What Happened
The company traces its SPAC origins to Capitol Investment Corp IV, which merged with Nesco Holdings in 2019. Nesco subsequently acquired Custom Truck One Source in April 2021 in partnership with Platinum Equity, with Platinum investing over $850 million. The combined company renamed itself Custom Truck One Source and trades under CTOS, serving utility, telecom, and infrastructure customers.
Timeline
2017-08-07
S-1 Registration Filed