Mergers & Acquisitions

Capitol Investment Corp. IV, a public investment vehicle, and Nesco Holdings l, Inc., a leading provider of specialty rental equipment to the electric utility, telecom and rail end markets, announced that they have entered into a definitive agreement in which Nesco will become a publicly listed company with an anticipated initial enterprise value of approximately $1.1 billion.

Ramirent Plc has signed an agreement to acquire Stavdal AB, a general equipment rental company operating in 11 cities in Sweden and in the Oslo area in Norway for about €158 million (about U.S. $178.6 million).

GRYB has acquired Bateman Manufacturing, a company with more than 30 years of experience manufacturing grapples and other attachments for the demolition and recycling industries.

Kinshofer, a leading global manufacturer of high-quality excavator and loader crane attachments, is expanding its product line to include hydraulic breaker excavator attachments following the acquisition of Hammer SRL, an Italy-based manufacturer of demolition, excavation, recycling and material handling attachments.

Toyota Industries North America has acquired the assets of Hoist Liftruck Manufacturing LLC, effective April 1.

International mobile elevating work platform and telehandler rental specialist Riwal has acquired Swedish rental company LIPAC.

Generac Holdings, a global leader in the design and manufacture of residential, commercial and industrial power products, has reached agreement to acquire Neurio Technology, an energy data company focused on metering technology and sophisticated analytics to optimize energy use in a home or business.

Aggreko reported £1.760 billion in group revenue for 2018, compared to £1.698 billion in 2017, a 3.6-percent increase.

Cooper Equipment Rentals Ltd., Canada’s leading independent equipment rental company, has acquired Prime Rentals Ltd.

In addition to strong organic growth, Sunbelt Rentals and sister company A-Plant in the United Kingdom have continued to grow via acquisitions, having made 10 purchases since the beginning of the fiscal third quarter.

Arvada Rent-Alls, a locally owned Arvada, Colo.-based equipment rental company, has acquired Chatfield Time Rentals, based in Littleton, Colo.

Volvo Construction Equipment (Volvo CE) has reached an agreement to acquire special application partner CeDe Group for an undisclosed sum.

Terex Corp. has agreed to sell its Demag Mobile Cranes business to Tadano Ltd. for an enterprise value of approximately $215 million.

In a move to expand its motorized capabilities and offer a full suite of access technologies throughout the Gulf Coast, BrandSafway has acquired Century Elevators, effective today.

Komatsu America Corp. a leading global heavy equipment manufacturer, announced it has entered into a definitive agreement to acquire TimberPro Inc.