Mergers & Acquisitions: Page 2

Mergers & Acquisitions

RDO Truck Centers acquires Iowa dealer

RDO Truck Centers announced Thursday it has reached an agreement to purchase the assets of Twin Bridges Truck City, a Mack and Volvo commercial truck dealer group in Iowa.

December 2, 2021

Mergers & Acquisitions

RV Retailer to acquire Pharr RVs, Affinity RV

RV Retailer announced the acquisition of Pharr RVs and Affinity RV with locations in Texas and Arizona. The acquisitions will be completed in December.

November 30, 2021

Pharr RV staff welcomes new owner RV Retailer.

Mergers & Acquisitions

Market moves: Noregon ownership changes; national dealer, aftermarket groups expand in November

After a slow October, acquisitions in trucking's dealer, aftermarket and supplier channels picked up in November. Each segment of the market saw a similar number of transactions, though the biggest news arguably came in the service technology sector.

November 29, 2021

M&A roundup image

Mergers & Acquisitions

The Jordan Company completes acquisition of Echo

Echo Global Logistics announced it has been acquired for $48.25 per share in cash by an affiliate of The Jordan Company, a global private equity firm.

November 24, 2021

Mergers & Acquisitions

FleetPride opens 60th service center through acquisition

FleetPride has acquired the assets of Jim's Truck & Trailer Equipment in Wichita Falls, Texas.

November 16, 2021

Mergers & Acquisitions

Penske Automotive Group acquires McCoy Freightliner

The acquisition is expected to generate about $200 million in annualized revenue, building further scale for the company’s wholly owned Premier Truck Group.

November 16, 2021

Mergers & Acquisitions

Truckworx announces change in ownership

Truckworx announced Will Bruser has acquired Truckworx Holding Company and all related entities from outgoing CEO Bob Mitchell.

November 15, 2021

Executives at meeting table

Mergers & Acquisitions

BBB Industries buys Turbo Power Systems, Elite Auto Lights

BBB says the acquisition of Turbo Power Systems Inc. and Elite Auto Lights continues BBB's efforts to bring new products into its portfolio.

November 12, 2021

Mergers & Acquisitions

Hearst acquires majority stake in Noregon

“This is a unique opportunity for us, and we are excited to be able to offer manufacturers, fleets and transportation/logistics companies more solutions to increase their productivity,” adds Tom Cross, executive vice president, Hearst Transportation.

November 3, 2021

Technician using Noregon Systems' JPRO

Mergers & Acquisitions

FleetPride acquires Pennsylvania service business

Garden Spot was founded in 1978 and majority owned by Barry Simpson. The company has four total locations: Denver, East Earl, Lancaster and Leola, Pa.

November 3, 2021

FleetPride service center

Mergers & Acquisitions

Universal Technical Institute completes MIAT acquisition

Universal Technical Institute has completed its acquisition of MIAT College of Technology for a purchase price of $26 million in cash.

November 2, 2021

Student technician learning at Universal Technical Institute

Mergers & Acquisitions

Rush buying Summit; new dealer group created

Rush Enterprises has entered agreement to acquire Summit Truck Group and has decided, in agreement with Summit and Navistar, to sell five previous Summit facilities to Justin Fink, in partnership with Kyrish Truck Centers and Southwest International.

October 28, 2021

International LoneStar on highway

Mergers & Acquisitions

Market moves: Focus on footprint led to October's M&A news

Dealers and service providers focused on strengthening their AOR coverage was the root cause for several acquisitions in October. Suppliers and solutions providers were mostly silent for the first time this year.

October 28, 2021

Mergers and acquisitions roundup

Mergers & Acquisitions

DexKo Global acquires National Trailer Parts Warehouse

DexKo Global Inc. announced its subsidiary Dexter Axle Company has acquired National Trailer Parts Warehouse Ltd., located in Swift Current, Saskatchewan

October 19, 2021

Mergers & Acquisitions

Dickinson Fleet Services adds California business

DFS says the acquisition serves to expand and strengthen the geographic reach of DFS in the Northern California region.

October 8, 2021

Mergers & Acquisitions

Karmak sells powersports division to PBS Systems

Karmak announced Monday that PBS Systems has acquired its division of ADAM Systems, which provides fully integrated dealer management software to auto and powersports retailers across North America and Puerto Rico.

October 4, 2021

Mergers & Acquisitions

Vanguard Truck Centers acquires five-location dealer

The acquisition will expand Vanguard’s footprint from 20 to 25 locations across the country and grows its presence along the I-85 corridor in the Southeast, the company says.

October 1, 2021

Vanguard Truck Centers

Mergers & Acquisitions

Market moves: Parts and service growth leads M&A activity in September

A busy August led to a slower September for acquisitions in trucking's aftermarket, dealer and supplier channels. Points of sale changes accounted for most news.

September 28, 2021

Mergers and acquisitions roundup

Page 2 of 7

Workers in manufacturing facility

Industry Status Report: After tumultuous period, suppliers look to avoid more setbacks

Most suppliers believe the worst of the supply chain crisis has passed, but few are confident forecasting when normalcy and stability will return. The result is a supplier base hopeful yet uncertain about 2022.

Parts warehouse

Industry Status Report: Aftermarket’s quick bounce back breeds excitement for 2022

Trucks ascending toward light

Industry Status Report: Dealers optimistic after withstanding recent challenges

HDAW co-chairs: It’s time to get back to business, a sense of normalcy

TPS top products countdown - 1

The top aftermarket products of 2021: No. 1

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

Selling PMs: How to Attract New Customers

Fullbay’s new ebook shows you what data to gather and how to present potential PM services to your customers.