Monday, March 3, 2014
Platinum Equity Sells NESCO To Energy Capital Partners
Los Angeles-based private equity investor Platinum Equity said last week that it has sold NESCO, a provider of fleet equipment rental, sales, and services for the electrical transmission and distribution market, to Energy Capital Partners. Financial terms of the sale were not disclosed. Platinum Equity was advised by Morgan Stanley and Harris Williams, as well as Latham & Watkins on the sale.