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.”

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