BlueLine Rental, a full-service equipment rental company, announced the signing of a definitive agreement to acquire Trico Lift Inc., a rental company specialized in aerial lift equipment with locations in New Jersey, Pennsylvania, Maryland and Texas. Terms of the transaction were not disclosed.

“Trico is a very complementary business for BlueLine that will strengthen our aerial fleet mix and capabilities, provide access to a valuable new customer base in key regions, and position us well for future growth,” said BlueLine Rental CEO Phil Hobson. “Our businesses are a good fit culturally as well, with a shared commitment to quality service and a determination to deliver on behalf of our customers. The combination brings many talented people together on the BlueLine team.”

Hobson said the Trico senior management team is expected to stay on with BlueLine in management roles following the closing of the transaction.

BlueLine is owned by Platinum Equity, which acquired the business in January 2014. In September 2014 BlueLine acquired JustRuss Rental Inc., a full-service equipment rental company with three locations in Alabama, which expanded BlueLine’s footprint in the Southeast United States.

“We continue delivering on our promise to help BlueLine grow in a smart and strategic way,” said Platinum Equity Partner Louis Samson. “We are pursuing complementary, accretive add-on acquisitions that bring immediate synergies and strengthen our mix of equipment and customers. Trico is a great fit on all accounts.”

About BlueLine Rental

BlueLine Rental is one of the largest providers of rental equipment services in North America, offering comprehensive lines of earthmoving, aerial and other construction equipment to service its customer base across multiple end markets, including the industrial, energy, infrastructure, nonresidential and residential construction, and non-construction markets.

For more information, call 888/899-8658 or visit www.bluelinerental.com.

Today's top stories

MoDOT, IDOT Team Up for $532M Chain of Rocks Bridge Project

Construction Crews Demolish 'Bridge to Nowhere'

Crews Near Completion of Phase 1; Begin Work On Phase 2 of Long Island Project

Mecalac Offers Compact Wheeled Excavators to North American Market

JLG X660SJ Compact Crawler Boom Lift Now Available

Baltimore Leaders Propose $4B Plan to Build Two Regional Transit Corridors

Next Phase of HELIX Health + Life Science Exchange Project Unveiled in New Jersey

Palfinger Opens North American HQ Outside Chicago