Cross Country Infrastructure Services Inc., an Edison, New Jersey-based equipment and supplies provider to the construction industry, announced Aug. 8 that it has acquired Moore, Oklahoma-based Five Star Equipment Leasing & Rental LLC. Five Star is an equipment rental provider that specializes in a multitude of oil and gas and infrastructure markets. Financial terms of the transaction were not disclosed.
“We are excited about the addition of Five Star to the Cross Country family,” Gerry Plescia, CEO of Cross Country, says. “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. 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 earth moving, 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.
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