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    1. Mergers & Acquisitions

    Cross Country Infrastructure Services Acquires Five Star

    Aug. 8, 2019
    Cross Country Infrastructure Services, a leading equipment rental and supplies provider to the construction industry, announced today that it has acquired Five Star Equipment Leasing & Rental L.L.C.

    Cross Country Infrastructure Services, a leading equipment rental and supplies provider to the construction industry, announced today that it has acquired Five Star Equipment Leasing & Rental L.L.C. With the addition of Five Star, Cross Country gains an established equipment rental player in the central U.S. and at the crossroads of a multitude of oil & gas and infrastructure projects. Financial terms of the transaction were not disclosed.

    "We are excited about the addition of Five Star to the Cross Country family,” said Gerry Plescia, CEO of Cross Country Infrastructure Services. “Five Star's utility size equipment and general equipment lines will allow us to add an expanded product offering to our existing customer base, while also increasing Cross Country's reach in the Central U.S market. Also, the addition of this outstanding operation will enable us to serve an important market with quality equipment and an experienced staff. We are pleased to welcome Bob Lewis and the Five Star sales team which are some of the best in the equipment rental industry."

    Five Star Equipment Rental has been serving Oklahoma since 1997 from its headquarters in Moore, Okla., part of the Oklahoma City area. Five Star provides equipment rental solutions and service for all of Oklahoma and its bordering states for the construction, energy, industrial and infrastructure markets. Five Star equipment rentals include earthmoving, compaction, aerial, forklifts and water pumping solutions.

    Over the past five years, Cross Country has acquired several companies with industry specialties that strengthened and diversified the company's services and products. These acquisitions include Power Associates International in 2013, Sideline Specialty Equipment in 2015, Stone Pump & Trench, and PWI Supply in 2016 and Rain2Day in 2018. 

    Cross Country has been providing the construction industry with innovative and dependable equipment solutions for more than 25 years and is No. 27 on the RER 100.

    About the Author

    Michael Roth | Editor

    Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.