Business Combinations (Tables)

3 Months Ended

Mar. 31, 2021

Business Acquisition [Line Items]

Summary of Net Assets Acquired from Acquisition

The following table summarizes the net assets acquired from the acquisitions in 2020 (amounts in millions):

	Flagler			Liftech			Peak			Hilo			Martin			Howell			Vantage			Total
Cash	$	0.4		$	—		$	3.0		$	2.1		$	—		$	—		$	—		$	5.5
Accounts receivable		15.1			4.4			4.6			5.4			1.0			5.3			3.6			39.4
Inventory		37.5			9.6			0.4			4.7			6.8			6.3			7.6			72.9
Prepaid and other assets		0.5			1.0			0.2			0.2			—			—			0.4			2.3
Rental fleet, net		47.8			4.7			—			7.5			6.3			12.4			15.9			94.6
Property and equipment, net		2.9			1.2			0.2			1.7			—			1.1			0.9			8.0
Intangible assets		14.6			1.2			5.8			2.4			1.5			—			—			25.5
Goodwill		5.8			1.5			0.7			3.2			0.8			3.2			0.5			15.7
Total Assets	$	124.6		$	23.6		$	14.9		$	27.2		$	16.4		$	28.3		$	28.9		$	263.9
Floor plan payable		(29.0	)		(3.5	)		—			(4.4	)		—			(0.8	)		(2.5	)		(40.2	)
Accounts payable		(14.0	)		(1.6	)		(1.5	)		(2.8	)		(0.2	)		(1.0	)		(1.5	)		(22.6	)
Accrued expenses		(4.1	)		—			(0.1	)		(0.3	)		(0.1	)		(0.1	)		(0.6	)		(5.3	)
Other current liabilities		—			(0.1	)		(3.9	)		(0.4	)		—			—			(0.1	)		(4.5	)
Other liabilities		(1.3	)		—			—			—			—			—			—			(1.3	)
Total Liabilities	$	(48.4	)	$	(5.2	)	$	(5.5	)	$	(7.9	)	$	(0.3	)	$	(1.9	)	$	(4.7	)	$	(73.9	)
Net Assets Acquired	$	76.2		$	18.4		$	9.4		$	19.3		$	16.1		$	26.4		$	24.2		$	190.0
Assets acquired net of cash	$	75.8		$	18.4		$	6.4		$	17.2		$	16.1		$	26.4		$	24.2		$	184.5

ScottTech, LLC

Business Acquisition [Line Items]

Summary of Net Assets Acquired from Acquisition

The following table summarizes the net assets acquired from the acquisitions in 2021 (amounts in millions):

	ScottTech
Cash	$	0.5
Accounts receivable		0.9
Inventory		0.3
Prepaid and other assets		0.1
Property and equipment, net		0.4
Goodwill		1.5
Total Assets	$	3.7
Accounts payable		(0.3	)
Accrued expenses		(0.1	)
Other current liabilities		(0.9	)
Total Liabilities	$	(1.3	)
Net Assets Acquired	$	2.4
Assets acquired net of cash	$	1.9

Peak Logix LLC

Business Acquisition [Line Items]

Summary of Purchase Price Allocation

The following table summarizes the components of the purchase price at June 12, 2020:

Cash consideration paid *	$	5.7
Promissory Note		1.0
Present value of non-contingent earn-out liability		1.7
Earn-out liability		1.0
Total purchase price	$	9.4

* Includes $3.0 million cash acquired as part of the Business Combination

Hilo Equipment & Services

Business Acquisition [Line Items]

Summary of Purchase Price Allocation

The following table summarizes the component of the purchase price at July 1, 2020:

Cash consideration paid *	$	18.5
Earn-out liability		0.8
Total purchase price	$	19.3

FlaglerCE Holdings LLC

Business Acquisition [Line Items]

Summary of Pro Forma Information

	For the three months ended March 31, 2020
(amounts in millions)	The Company			Flagler			Total
Total revenues	$	180.5		$	25.8		$	206.3
Net loss	$	(17.0	)	$	(0.1	)	$	(17.1	)