Mergers & Acquisitions: Page 2

FleetPride Acquires Harland Diesel Service

"We are very excited to welcome Harland Diesel Service, Inc, to the FleetPride team. We have admired how their business has evolved over the years, focusing on a strong commitment to excellent customer service," says Mike Harris of FleetPride.

December 6, 2022

Matthews Motors acquires Venture Auto Sales of Augusta

"Growth through acquisition is a relatively new strategy for Matthews, as this is our second acquisition this year," says Aaron Matthews, CFO of Matthews Motors. "We have found this special fit with Venture."

December 5, 2022

Truck Supply Co. enters St. Louis market

“Not only are we very excited to bring over 70 years of heavy-duty truck parts and exceptional customer service to St. Louis, but we’re also excited to have a knowledgeable and experienced staff,” says Edward Neeley, owner and president, Truck Supply Co.

November 30, 2022

Market moves: Industry vendors announce strategic acquisitions

After two slower than normal M&A months in September and October, business bounced back with more announcements in November.

November 30, 2022

Mergers and acquisitions roundup

Three keys for sellers and buyers during a business transaction

The mergers and acquisitions (M&A) experience, the process is rife with obstacles. Executing a mutually beneficial transaction with the least amount of stress possible requires preparation and careful decision-making by both sides.

August 14, 2018

Man opening brief case filled with money

Looking to grow? You'll want an M&A glossary

Like any business, the mergers and acquisitions industry is filled with unique and particular phrases and acronyms that represent actions and processes of a business sale. Below are five of the most important terms.

August 14, 2018

M&A basics for people in a hurry book cover

Want to grow? Here's what you need to know

If you want your business to expand, it’s time to sit down and start studying. Expanding your business is a final exam you must prepare for to pass.

September 19, 2013

Data transfer and remote locations

Epika Fleet Services adds California repair, mobile service business

Epika Fleet Services has announced its acquisition of Managed Mobile, based in Placentia, Calif. The acquisition expands Epika's repair and mobile service presence to the Southwest region of the United States.

November 27, 2022

Karmak announces key acquisition of Truckmore

"Unlocking customer data in the DMS and making it available for both the dealerships and their customers is key to increasing customer retention and driving storewide profitability," says Jim Allen, Karmak CEO.

November 16, 2022

Fyda Freightliner nabs Western Star, yard truck operations

Fyda has acquired Buckeye Western Star of Columbus and the Kalmar Ottawa business portion of Yard Trucks of Ohio, located in Cincinnati. The deal was finalized Tuesday.

November 8, 2022

Western Star 47X

Data analytics, advisory firm acquires Rhein Associates

“The rate of change in the automotive industry is exponential, and we are committed to expanding our expertise and continuing to anticipate our clients’ needs to guide them through disruption,” says Melissa Sauter, CEO, Escalent.

November 7, 2022

Ritchie Bros. acquiring IAA to create global equipment marketplace

Ritchie Bros. Auctioneers and IAA announce they have entered into a definitive agreement under which Ritchie Bros. will acquire IAA in a stock and cash transaction valued at approximately $7.3 billion including the assumption of $1.0 billion of net debt.

November 7, 2022

Ritchie Bros. Auctioneers

Randon formalizes acquisition of Hercules trailers

Randon Companies has completed its purchase of the North American trailer manufacturer Hercules. The move marks the entry of Randon Companies into a new market for the OEM business vertical.

November 2, 2022

Randon acquires Hercules Trailer

Road maintenance OEM Hilltip acquires Indiana truck bed company

“We are now able to manufacture all our industry leading products in the United States and distribute throughout North America,” said Craig Sandmann, managing director, Hilltip North America.

October 31, 2022

Hilltip product family

Epika Fleet Services adds Michigan business

Epika Fleet Services Friday announced its acquisition of Fleet Mobile Maintenance (FMM), based in Detroit.

October 28, 2022

Market moves: Industry M&A activity hits slowest pace in years

Fall continued to be the slowest stretch for industry mergers and acquisitions in several years in the dealer, aftermarket and supplier space.

October 28, 2022

Mergers and acquisitions roundup

FleetPride announces acquisition of Utah operation

Best Deal Spring & Truck Parts was founded by Vance Carter, and his sons, Lynn and Larry, in 1950 and has expanded to 79 employees, 31 vehicles and 14 service bays.

October 18, 2022

FleetPride has acquired Best Deal Spring & Truck Parts

Market moves: September a slow month for mergers

September was the lightest month for M&A activity this year among dealer, aftermarket and supplier businesses.

September 30, 2022

Mergers and acquisitions roundup

Page 2 of 14

Mergers and acquisitions roundup

Dealers and aftermarket groups busy in new year

A flurry of business sales and expansions occurred in the first month of the new year. Dealers, aftermarket operations and suppliers all announced key purchases in January.

Cummins-Meritor better together slide

Cummins offers update on Meritor integration

GenNext has opened nomination period for its 4 Under 40 Awards

Weldon Parts wins 2022 TPS Distributor of the Year

Weldon Parts earns 2022 Distributor of the Year Award

2023 HD Aftermarket Dialogue Government Affairs session

Washington gridlock could lead to more executive decision-making

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.

Used Truck Guide Cover

Heavy-Duty Maintenance Checklist

Maintenance is a critical part of vehicle upkeep—we’re preaching to the choir here, but you know what? It doesn’t hurt to repeat it at times. Check out our latest downloadable maintenance checklist and give it a whirl!