BlueLine Rental to Acquire Trico

BlueLine Rental, a equipment rental company, announced it signed a definitive agreement to acquire Trico Equipment, a rental company specialized in aerial lift equipment with locations in NJ, PA, MD and TX.

“Trico is a very complementary business for BlueLine that will strengthen our aerial fleet mix and capabilities, provide access to a valuable new customer base in key regions, and position us well for future growth,” said BlueLine Rental CEO Phil Hobson. “Our businesses are a good fit culturally as well, with a shared commitment to quality service and a determination to deliver on behalf of our customers. The combination brings many talented people together on the BlueLine team.”

Hobson said the Trico senior management team is expected to stay on with BlueLine in management roles following the closing of the transaction.
BlueLine is owned by Platinum Equity, which acquired the business in January 2014. In September 2014 BlueLine acquired JustRuss Rental, a full-service equipment rental company with three locations in Alabama, which expanded BlueLine’s footprint in the Southeast United States.

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