Custom Truck One Source expands west with acquisition
Written by Kyra Senese, Managing Editor
Photo: Custom Truck One Source
Custom Truck One Source has acquired Great Pacific Equipment, a distributor of construction and utility equipment that has served the southwest United States for the past four decades.
With offices in Fontana and Bakersfield, Calif., the distributor’s management will collaborate with Custom Truck’s management team, and officials said work will continue providing the western region of the country with equipment and service while growing the business as part of Custom Truck’s portfolio.
“The addition of the Great Pacific team and its locations to the Custom Truck family is very exciting,” said Fred Ross, Custom Truck’s CEO. “We are now able to better serve our customers in the western US, continuing our commitment to the expansion of our footprint.”
In addition to Great Pacific’s existing crane offerings, Custom Truck will expand upon the company’s sales and rental fleet into the region, offering chassis and track-based equipment for railroad and other heavy equipment industries.
Great Pacific’s Fontana and Bakersfield locations will become part of Custom Truck’s nationwide aftermarket parts and services network, CustomTruck said.
“These are exciting times for our industry as well as for our future with Custom Truck. Partnering with Custom Truck will allow us to take full advantage of the growth in the construction, utility and infrastructure industries over the next few years. The Great Pacific employees are excited about being a part of it,” said Tony LiRocchi, owner of Great Pacific.
The addition of Great Pacific’s assets marks Custom Truck One Source’s ninth acquisition under the brand since its formation in February 2015. The Great Pacific acquisition was achieved through the purchase of a subsidiary of Great Pacific, Custom Truck said.
“Funds managed by Blackstone will continue to provide growth capital for significant additional investment in equipment, innovation and an expanded geographic footprint, which will ensure Custom Truck has the customer-focused solutions the industry requires,” Custom Truck added.
