Edison, New Jersey (Aug. 8, 2019)—Cross Country Infrastructure Services Inc., equipment and supplies provider to the construction industry, has announced that it has acquired Five Star Equipment Leasing and Rental LLC (Five Star). With the addition of Five Star, Cross Country gains an established equipment rental player in the central United States and at the crossroads of a multitude of oil and gas and infrastructure projects. Financial terms of the transaction were not disclosed.
Gerry Plescia, chief executive officer of Cross Country, stated "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.”
Five Star Equipment Rental has been proudly 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 earthmoving, compaction, aerial, forklifts and water pumping solutions.
Over the past five years, Cross Country has acquired several companies with industry specialties to strengthen and diversify 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.
For more information, visit crosscountryis.com.