The Service Company acquires Foster's Truck and Trailer

Tps Logo Online Headshot
Updated Apr 25, 2025
The Service Company

The Service Company acquired Foster's Truck & Trailer of Columbus, Ohio, the companies announced Friday. The deal closed March 10. 

"This transaction is a great example of how the right partnership can create long-term value," says Ryan Binkley, CEO of Generational Group, the mergers and acquisitions advisory firm who helped with the deal. "We're proud to have been part of this journey and look forward to seeing the continued success of both parties." 

Foster's Truck & Trailer is a Columbus, Ohio, business specializing in maintenance and repair services for trucks and trailers. 

The Service Company, based in Covington, Ohio, is a provider of truck and trailer repair, maintenance and fleet services. It was also a 2024 Trucks, Parts, Service Distributor of the Year finalist

Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
Download
Used Truck Guide Cover