Penske Truck Leasing announced it has reached an agreement to acquire the assets of Rochester, N.Y.-based DeCarolis Truck Rental Inc. Financial terms were not disclosed. This transaction is subject to customary closing conditions, including certain regulatory approvals. The parties involved anticipate closing the transaction on December 17, 2021. Founded over 80 years ago, DeCarolis Truck
Jason Purvis is using his insights, persistence and a strong work ethic to effectively manage a DeCarolis Truck Rental shop.
“The common goal for all of our customers is to have reliable equipment at a predictable cost,” says Michael Margarone, president of Rochester, N.Y.-based DeCarolis Truck Rental, Inc., a family-owned business for more than 75 years. “Today, that challenge is more difficult because the entire industry is dealing with both a lack of technicians and