NESCO Acquires V&H Leasing Services



NESCO acquired V&H Leasing Services from V&H Inc. This acquisition will bring V&H’s rail rental business to NESCO’s newest division, NESCO Specialty Rentals.

NESCO created the Specialty Rentals division in January to focus its equipment offerings in the rail, lighting, sign, telecom and other specialized industries.

In addition, NESCO and V&H entered into a new equipment supply and fleet services agreement. NESCO will gain the coverage of V&H’s service support and repair facilities. V&H brings 50 years of rail industry upfit and service experience to this Supply Agreement.

“We are thrilled to have acquired V&H’s rental business and equally excited about the opportunity to partner with them on the supply of equipment and service for our rental fleet,” said Lee Jacobson CEO of NESCO. “The acquisition creates a fleet size that will allow us to address the rental needs of any customer in the industry, renting high quality equipment manufactured by V&H”.

“This is an exciting opportunity to grow our Specialty Rental business. The agreement allows us to continue to partner with V&H as our upfitter and service provider while we focus our efforts to grow our rental business,” said Tim Bryan, president of NESCO Specialty Rentals. “This provides us with a great advantage as it will increase our national footprint with quality equipment and best in class service.”


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com