 Alta Equipment Group Inc. NYSE: ALTG today announced that it has entered into a definitive agreement to acquire Hilo Equipment Services, a privately held distributor of material handling equipment with three branches in the New York City metro area. Hilo sells new and used material handling equipment, partnering with industry leading manufacturers including Hyster-Yale Group Inc., Kelley and JLG, and offers repairs and maintenance with an award-winning service team. Hilo generated approximately 50 million in revenue and had Adjusted EBITDA of approximately 3.0 million in FY2019. 