Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Custom Truck One Source Acquires The Business Of A&D Maintenance And Repair, Expanding New York Footprint And Service Capabilities; No Financial Terms Disclosed

Author: Benzinga Newsdesk | April 17, 2024 11:09am

Custom Truck One Source, Inc. (NYSE:CTOS) proudly announces its acquisition of the business of A&D Maintenance and Repair. Founded in 1986, A&D Maintenance is a family-owned, full-service repair facility located in Wyandanch, New York on Long Island.

This acquisition adds over 20,000 square feet of space and a highly experienced team that significantly expands Custom Truck's presence and service capacity on Long Island and in the greater New York City metro area. Our new Wyandanch branch is poised to offer the full breadth of Custom Truck's product offering, as well as repair services, to customers in the region.

"We are excited to join forces with the A&D Maintenance and Repair team and welcome them to Custom Truck One Source," said Ryan McMonagle, CEO of Custom Truck. "A&D Maintenance is a family-owned and operated business and we saw an immediate cultural fit. The Fliegels have built a fantastic business over the past 30 years and we look forward to building on their legacy. A&D Maintenance has provided Custom Truck with high quality repair service in the past and we look forward to bringing their wealth of knowledge and experience to our team. I'm confident their services and customer relationships will complement our existing offerings and allow us to better serve all customers in the region."

Posted In: CTOS

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist