The transaction pace in trucking’s dealer, aftermarket and supplier sectors remained muted in March. The slow month marks the third consecutive light month for transaction news after a busy close to 2025.
Vendors were slightly busier than points of distribution in the month.
W.W. Williams kicked off the month, announcing March 13 it acquired Valley Power Systems. The transaction accelerates its strategic expansion and reinforces its position as a premier full-service provider. “This business growth is a defining moment in our California strategy. Valley Power Systems established OEM relationships, its power generation expertise and its loyal customer base in some of the state’s most active industrial corridors to give us an immediate and meaningful market presence,” said Marc Buncher, president and CEO at W.W. Williams.
Next was Transtex, which purchased the assets of FleetAero from Knight-Swift Transportation Holdings. Under the terms of the deal, Transtex purchased the trailer skirts of FleetAero remaining in inventory and become a strategic partner with Knight-Swift. The company added the agreement expands Transtex’s aerodynamic technology platform and strengthens its position as an integrated provider of fleet efficiency solutions. “This acquisition strengthens our position as a leading fleet-efficiency partner,” said Mathieu Desjardins, president of Transtex.
Bosch was next on the transaction board, announcing March 19 its intent acquire Chicago-based predictive maintenance firm Uptake Technologies. “This planned acquisition strengthens our position as a leader in data-driven mobility services,” said Paul Thomas, president of Bosch North America and of Bosch Mobility Americas. “The AI capabilities from Uptake Technologies are a crucial element to expanding our predictive maintenance offerings and accelerating innovation for OEM and fleet customers.”
The month continued with Fullbay acquiring the AI-powered predictive maintenance and fleet intelligence platform Pitstop, which will be integrated into the Fullbay platform and help the company address the gap between reactive repair and proactive maintenance. “This acquisition enables us to change that model by delivering predictive maintenance, real-time diagnostics, fault-code management and automated fleet communication directly into Fullbay, revolutionizing the experience for fleets and heavy-duty repair,” said Trent Broberg, CEO of Fullbay.
On March 31, Decisiv closed the month with the news it had entered into a purchase agreement with KEA Advisors. “The most valuable platforms deliver measurable economic value and that requires embedded workflow and domain expertise,” said Tim Hardin, president and CEO of Decisiv. “KEA has that expertise and Decisiv has the workflow. Together we will be building an AI-driven economic performance layer for commercial dealership operations. That’s our Performance as a Platform vision, and this acquisition is what makes it credible.”
