Diligence memo · auto-generated · as of July 2, 2026

Custom Truck One Source, Inc.

Custom Truck One Source, Inc. looks fair against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Custom Truck One Source, Inc. operates in Business Services, based in KANSAS CITY. Single-source provider of specialized truck and heavy equipment solutions. Sales, rentals, parts, service & financing for bucket trucks, cranes, diggers & more.

Capital & rounds (filed)filed

Custom Truck One Source, Inc. has raised $883M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).

Largest single filing: $883M on 2021-04-01.

Most recent recorded round closed around 2021-04-01.

Valuation (modeled)modeled

Provath models Custom Truck One Source, Inc. at approximately $19.0B (range $7.0B–$31.8B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.08× the median modeled value of Growth/Late Business Services companies in 2019–2021 (7 peers) — value vs value, same stage and era. Within the normal band (108% of peer median) for its niche.

Financing rhythm & timingmixed

Last raise 5.3 yr ago; this sector typically re-raises about every 12 months.

Only one round on record and long silent — often defunct, acquired, or gone quiet.

Comparablesmixed

Capital scale ranks ahead of 100% of Business Services peers (2439 compared).

Modeled value ranks above 100% of those peers.

Closest niche peers: EP Global Production Solutions, LLC, AlixPartners Holdings, LLP, Edition Holdings, Inc., Tinuiti Group Holdings, L.P., Juro System Inc.

Peoplefiled

1 named person on file across officers, directors and signatories.

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.