Aleritas Capital (ARTAE) 8-K Regulation FD Disclosure

Oakmont Acquisition Corp.

Proposed Acquisition of

One Source Equipment Rentals, LLC

November 2006

Exhibit 99.1

2

Investor Presentation

The attached presentation was filed with the Securities and Exchange Commission as

part of the Form 8-K filed by Oakmont Acquisition Corp. (“Oakmont”) on November 3,

2006.  Oakmont is holding presentations for its stockholders regarding its acquisition of

One Source Equipment Rentals, LLC, as described in an earlier Form 8-K filed by

Oakmont which describes the acquisition in more detail.

Oakmont and its directors and executive officers may be deemed to be participants in

the solicitation of proxies for the annual meeting of stockholders at which stockholders

will be asked to approve the transaction.

Stockholders of Oakmont and other interested persons are advised

to read Oakmont’s

amended preliminary proxy statement and, when available, Oakmont’s definitive proxy

statement in connection with Oakmont’s solicitation of proxies for the annual meeting at

which stockholders will be asked to approve the acquisition because these proxy

statements contain important information. Such persons can also read Oakmont’s final

prospectus, dated July 12, 2005, as well as periodic reports, for more information about

Oakmont, its officers and directors, and their interests in the successful consummation

of this business combination.  The definitive proxy statement will be mailed to

stockholders as of a record date to be established for voting at

the annual meeting. 

Stockholders will also be able to obtain a copy of the definitive proxy statement, the final

prospectus and other periodic reports filed with the Securities and Exchange

Commission, without charge, by visiting the Securities and Exchange Commission’s

Internet site at (http://www.sec.gov).

3

Safe Harbor

This

presentation

may

contain

forward-looking

statements

within

the

meaning

of

the

Private

Securities

Litigation

Reform

Act

of

1995,

about

Oakmont

Acquisition

Corp.

(“Oakmont”),

One

Source

Equipment

Rental,

LLC

(“One

Source”)

and

their

combined

business

after

completion

of

the

proposed

acquisition.

Forward

looking

statements

are

statements

that

are

not

historical

facts.

Such

forward-looking

statements,

based

upon

the

current

beliefs

and

expectations

of

Oakmont

and

One

Source’s

management,

are

subject

to

risks

and

uncertainties,

which

could

cause

actual

results

to

differ

from

the

forward

looking

statements.

The

following

factors,

among

others,

could

cause

actual

results

to

differ

from

those

set

forth

in

the

forward-looking

statements:

business

conditions,

weather

and

natural

disasters,

changing

interpretations

of

generally

accepted

accounting

principles;

outcomes

of

government

reviews;

inquiries

and

investigations

and

related

litigation;

continued

compliance

with

government

regulations;

legislation

or

regulatory

environments,

requirements

or

changes

adversely

affecting

the

businesses

in

which

One

Source

is

engaged;

fluctuations

in

customer

demand;

management

of

rapid

growth;

intensity

of

competition

from

other

providers

of

rental

equipment

and

services;

general

economic

conditions;

geopolitical

events

and

regulatory

changes,

as

well

as

other

relevant

risks

detailed

in

Oakmont’s

filings

with

the

Securities

and

Exchange

Commission,

including

its

report

on

Form

10-QSB

for

the

period

ended

June

30,

2006.

The

information

set

forth

herein

should

be

read

in

light

of

such

risks.

Neither

Oakmont

nor

One

Source

assumes

any

obligation

to

update

the

information

contained

in

this

presentation.

4

Agenda

•

Transaction Overview

•

Industry Overview

•

One Source: Solid Platform for Growth

•

Management Team

•

Summary

Appendix

5

Transaction Overview

•

Oakmont: $51.5 million acquisition company established to acquire a

company in the industrial, manufacturing or distribution sector

•

One Source: growing industrial equipment rental company that provides a

solid platform for expansion

–

Strong base business:

TTM EBITDA of $9.6 million on sales of $21.0 million

2007 projected EBITDA of $11.0 million

–

Fragmented $29 billion market; several targets identified

–

Organic growth opportunities via new revenue channels and strategic alliances

•

Attractive valuation: 4.3x TTM EBITDA / 3.7x 2007 projected EBITDA

–

Purchase price of $41.2 million

–

Recent industry transactions valued at 5.2x –

6.8x EBITDA

6

Transaction Overview

•

Senior management team experienced in acquiring and integrating

industrial companies and building value

–

Bob Skandalaris –

Noble International

–

David Langevin

–

Terex, Veri-Tek

–

Andrew Rooke

–

divisions of GKN plc, Yale Security Group

–

Michael Azar

–

Noble International, Veri-Tek

•

Strong operational team to leverage future opportunities

•

Solid record of growth and positive earnings momentum

–

Sales CAGR 13.8% 2002-2005

–

EBITDA CAGR 25.0% 2002-2005

•

Strong financial position enables future growth

7

Transaction Overview

•

Consideration of $41.2 million:

–

$16 million in cash

Exchangeable for Oakmont stock

–

$1.2 million subordinated note

Adjustable downwards for working capital threshold

–

Assume

senior

debt

of

$24

million

(paydown

at

closing)

•

Employment agreements with key management

•

Post-acquisition cash (before debt paydown):

–

If maximum shareholder approval: $32 million

–

If minimum shareholder approval: $23 million

8

Transaction Overview

•

Motivation for sale:

–

Capital for growth / acquisitions

–

Partial liquidity event for owners

•

Outstanding shares (without Oakmont management exchange):

–

Assuming no conversions: 10,575,166

–

Assuming maximum conversions: 8,860,990

•

Leveragable

assets for growth and future acquisitions

9

Transaction Overview

Fit with Oakmont Objectives

•

Target enterprise value $40 -

$100 million

–

Favorable acquisition valuation multiples

–

Below “private equity radar screen”

< $300 million

–

Businesses with an identifiable growth strategy

–

Asset rich businesses preferred

•

Industrial manufacturing and distribution sector

–

Out-of-favor with financial markets

–

Abundant acquisition opportunities, including family owned private companies and orphaned

or non-strategic divisions of major publicly traded companies

•

Potential targets include companies with:

–

Defensible market position

–

Executable plan to enhance EBITDA and reduce debt

–

Reasonable purchase price and efficient use of leverage

–

Predictable cash flow

INDUSTRY OVERVIEW

11

Equipment Rental Market Overview

•

$29 billion fragmented, consolidating industry

–

Wide range of national, regional and local providers

–

Top 10 companies account for only 27% of market*

United Rental

NES

RSC **

Home Depot

CAT

Neff

Hertz

Volvo

Sunbelt / NationsRent

Maxim

•

Many companies are ripe for consolidation

*  Source: American Rental Association

** Recently acquired by Ripplewood

12

Equipment Rental Landscape

•

Primary growth drivers:

–

Non-residential construction expenditures

2007 growth forecast: 6%-7% *

–

Increasing U.S. rental penetration trends

Penetration rates of 38% expected to grow to 50% by 2010**

European penetration substantially higher than U.S.

–

$286 billion Federal Highway Bill

Note: One Source has little or no exposure to the residential construction market

*   Source: Dodge Analytics

** Source: Association of Equipment Manufacturers, Feb 2006

ONE SOURCE:

SOLID PLATFORM FOR GROWTH

14

One Source Overview

•

Founded in 2000 by current management

•

Specialize in industrial and construction equipment rental with concentration

on high reach & lifting (86% of sales)

•

Also sell new and used equipment with related parts and supplies, and

provide maintenance and repair services (14% of sales)

•

7 Midwest locations

•

Large, diversified customer base (3,000)

–

Top 50 customers generate 50% of sales

–

Recurring revenue stream

15

One Source Competitive Strengths

•

Focused niche player

–

Industrial and construction segments

–

Midwest locations in non-central markets

–

“Cluster”

of branches

Illinois/Missouri (3), Indiana (2), and Ohio (1)

Enables higher fleet utilization

•

Relatively young fleet of 2,500 units

–

Major OEM brands

–

Low replacement cap-ex requirement

•

“One-stop shop”

•

Superior customer service

•

Well-capitalized post-acquisition

16

Product Portfolio

RENTALS & SALES

TOOLS & SUPPLIES

•

High-reach platforms and scissor lift equipment, backhoes, scaffolding,

pumps, cranes, forklifts and consumables

17

2005 Revenue Breakdown

BY TYPE

BY CUSTOMER MARKET

Rental

86%

Supplies

7%

Equipment

sales

6%

Service

1%

General

construction

50%

Manufacturing

25%

Industrial

maintenance

contractors

17%

Retail,

municipal,

education

8%

18

Sales Growth

13.7

16.2

18.7

20.2

20.0

0

5

10

15

20

25

FY2002

FY2003

FY2004

FY2005

TTM 6/30/06

($ in millions)

First full year of operations

19

EBITDA Growth & Margins

0

2,000

4,000

6,000

8,000

10,000

FY2002

FY2003

FY2004

FY2005

TTM 6/30/06

($ in 000's)

0%

10%

20%

30%

40%

50%

EBITDA

EBITDA Margin

2002 -

2005 CAGR: 25%

2005 growth vs. 2004: 16.4%

20

Organic Growth Plans

•

Increase Midwest market share through controlled branch expansion

–

High growth, lower penetrated areas

•

Further develop revenue channels and create new channels

–

Increase sales of equipment & supplies (high margin)

–

Broaden repair & maintenance; introduce refurbishment center

–

Mobile service & repair

•

Focused fleet expansion

–

Current products

–

Adjacent products

•

Strategic alliances with OEMs

•

Performance improvement –

purchasing, efficiencies

21

External Growth Strategy

•

Objective: build a significant operation with scale and a broad geographic

footprint –

pursuing top 10 presence

•

Acquisition targets: industrial companies with consistent revenue and

EBITDA growth, and stable, predictable cash flow

–

Expansion into new regions

Aerial/industrial equipment rental/sales

New business areas

–

Expansion in current region

Aerial/industrial equipment rental/sales

New business areas

•

Utilize management resources/contacts

•

Due diligence identified several ripe opportunities

22

Building on the Platform

Oakmont &

One Source

Aerial

Equipment

Rental

Equipment

Distribution

Parts

Distribution

Service &

Repair

Other

Specialist

Fleets

Supplies

Acquisition

Territory

Expansion

Organic

Growth

Alliances

Performance

Improvement

MANAGEMENT TEAM

24

Management Team

•

Experienced corporate developers of industrial companies

•

Skilled in starting and growing public companies

•

Strong track record of integrating acquired businesses

•

Knowledgeable in use of capital markets

•

Significant inside ownership

–

Senior management team and board own 20.5% of the outstanding shares post-

acquisition

–

Operational management team will also have a substantial stake

25

Post-Acquisition Management Team

David J. Langevin, Chairman

•

2000 –

present: Chairman and CEO -

Veri-Tek

Intl (AMEX:VCC) and Manitex

Corporation

–

Through acquisition and organic growth, created an organization with $100 million in revenues 

•

1998 –

2000: Executive VP -

Environmental Systems Products

•

1993 –

1998: Director of Strategic Planning / Executive VP, Terex Corporation

–

Increased shareholders’

equity from $100 million to $650 million

–

Led more than 20 acquisitions with combined revenues of $1.5 billion

•

Previous: Partner -

Ernst & Young

Robert J. Skandalaris, Vice Chairman

•

1993 –

present: Founder and Chairman -

Noble International Ltd. (NASDAQ:NOBL)

–

TTM revenues of $400 million and EBITDA of $31.7 million

•

Previous:

–

Vice Chairman -

The Oxford Investment Group, Inc.

–

Chairman and CEO -

Acorn Asset Management

–

C.P.A. -

Touche

Ross & Co.

26

Post-Acquisition Management Team

Andrew Rooke, CEO

•

2002 –

2006: CFO -

GKN Sinter Metals ($1 billion division of GKN plc)

–

Responsible for global finance, IT, purchasing and strategy

–

Addressed integration issues from prior acquisitions, divested non-strategic operations, lead

additional acquisitions, developed new strategic plan

•

2000 –

2001: Director & Controller -

GKN Off-Highway and Auto Components

($600 million division of GKN plc)

–

Focused on performance enhancement

•

1997 –

2000: Finance Director -

Yale Security Group

–

Led consolidation of European lock interests and Chubb acquisition

Steve Micheletti, President

•

2002 –

present: COO -

One Source

•

1993

–

2000:

President

-

Aggregate

Equipment

&

Supply

($200

million

division

of

Rentokil

plc)

•

1988 –

1993: Operations Manager -

Aggregate Equipment & Supply

27

Post-Acquisition Management Team

Bill Irvine, CFO

•

2000 –

present: Founder and CFO -

One Source

•

1990 –

2000: Vice President -

US Markets, Inc.

Michael C. Azar, General Counsel

•

2001 –

present: Managing Director and Principal -

Quantum Value Management, LLC

•

1996 –

2006: Vice President and General Counsel -

Noble International Ltd

(NASDAQ:NOBL)

•

2002 –

present: VP, Secretary -

Veri-Tek

Intl (AMEX:VCC)

28

Summary

•

Oakmont: $51.5 million acquisition company established to acquire a

company in the industrial, manufacturing or distribution sector

•

One Source: growing company with recurring revenues and strong EBITDA

margins provides solid platform for expansion

–

Fragmented market; identified acquisition targets

–

Organic expansion opportunities

•

Senior management team experienced in acquiring and integrating

industrial companies and building value

•

Strong operational team to leverage future opportunities

•

Attractive valuation; well-funded for future growth

APPENDIX

•

IPO Summary

•

Comparable Transactions

•

Comparable Companies

30

Oakmont IPO Summary

Offering Size:

$51,450,000

Offer Price per Unit:

$6.00

Units Offered:

8,575,166

Unit Composition:

1 share of common stock and 2 warrants

Warrant Details:

$5.00 exercise price; 4 year life

Proceeds in Trust:

Approximately $5.40

Acquisition Strategy:

Focus on platform development in the industrial

manufacturing and distribution sectors

Underwriters:

Morgan Joseph & Co.

Wells Fargo Securities

31

Comparable Transactions

($ in millions)

Acquirer

Target

Date

Purchase

Price

LTM

Sales

LTM

EBITDA

TEV

Multiple

Ripplewood Holdings / Oak Hill Capital

Rental Service Corporation¹

Oct-06

$3,830.0

$1,587.0

$663.0

6.8x

Ashtead Group

NationsRent Companies²

Jul-06

1,050.0

716.0

125.0

5.3x

Diamond Castle Holdings

NES Rental Holdings

May-06

850.0

n.a.

165.0

5.2x

Odessey Investment Partners

Neff Corporation

Jun-05

503.0

256.0

82.6

6.1x

Low

5.2x

Mean

5.9x

High

6.8x

Oakmont Acquisition Corp.

One Source Equipment

Pending

$41.2

$21.0

$9.6

4.3x

Notes:

Source: Goldman Sachs

1

Ripplewood Holdings & Oak Hill Capital Partners purchased 85.5% of RSC for $3.83 billion.

2

The purchase multiple would be 8.4x excluding $73 million of gains on the sale of used equipment.

32

Comparable Companies

($ in millions, except per share data)

Enterprise Value Multiples

Margins

Company

Price at

10/30/06

Market Cap.

Enterprise

Value

LTM

Sales

LTM

EBITDA

LTM

Sales

LTM

EBITDA

Gross

EBITDA

Net

Income

H&E Equipment Services Inc.

$27.00

$1,031.2

$1,368.0

$718.7

$166.0

1.9x

8.2x

31.6%

23.1%

6.5%

Rush Enterprises Inc.

17.35

452.6

897.4

2,233.9

128.4

0.4

7.0

15.1%

5.7%

2.5%

Toromont Industries Ltd.

22.59

1,471.6

1,675.8

1,716.4

200.2

1.0

8.4

21.9%

11.7%

5.2%

United Rentals Inc.

24.21

2,021.1

4,929.1

3,784.0

1,012.0

1.3

4.9

44.0%

26.7%

5.3%

Low

0.4x

4.9x

15.1%

5.7%

2.5%

Mean

1.1

7.1

28.2%

16.8%

4.9%

High

1.9

8.4

44.0%

26.7%

6.5%

Source: Capital IQ