Thompson Truck Group (TTG), a division of Thompson Distribution, has acquired Lee-Smith Inc., a trusted leader in the trucking industry for over 53 years. The transaction was officially completed on Feb. 28, 2025.
With this strategic acquisition, Thompson Truck Group embarks on an exciting new growth phase, expanding its dealership network and strengthening its market presence in the Chattanooga, Tenn., area. Along with extending its authorized International dealership footprint, this move adds Ford and Isuzu to its portfolio, enabling the company to better serve a wider range of commercial trucking needs, the company says.
“We are thrilled to welcome the Lee-Smith team into the Thompson Truck Group family,” says John Thompson, owner and CEO of Thompson Truck Group. “This acquisition represents more than just growth — it’s about bringing together two organizations with a shared commitment to delivering exceptional service to its customers, meaningful careers for its employees and lasting relationships with its OEM partners. The combined strengths of our teams, locations, and resources will enable us to offer even greater value to our customers and strengthen our market presence.”
Echoing Thompson’s excitement, Less Lee, president and CEO of Lee-Smith and Idealease of Chattanooga, underscored the shared vision behind the acquisition and the opportunities it presents.
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“As we enter this new chapter, I’m confident that TTG will create exciting opportunities for both our employees and customers,” says Lee. “TTG shares our values and our commitment to service, and I believe they will be strong stewards of the culture and reputation we’ve built. We’re truly excited for what the future holds.”
As the integration process moves forward, TTG remains committed to ensuring a seamless transition for employees and customers alike. The acquisition is expected to create new opportunities for employees across both organizations while maintaining the exceptional service and reliability that customers have come to expect, the company says.
