Velocity Truck Centers Acquires Triad Freightliner Group, Carolina Freightliner and H&H Freightliner

Velocity Truck Centers Acquires Triple-T Truck Centers

January 4, 2022

Automotive

Velocity Truck Centers (part of Velocity Vehicle Group) has acquired Triple-T Truck Centers and its Aftermarket Parts business, expanding VTC's footprint across the Carolinas and the Southeast. The deal brings Triple-T's locations and a New Bern-based parts business into VTC's network as the company grows to 62 locations offering sales, service, parts and financing; owner Tim Matt has sold the business and VTC has committed to retain stewardship of management and employees.

Velocity Truck Centers Acquires Neely Coble Company

June 16, 2022

Trucking & Fleet

Velocity Truck Centers (part of Velocity Vehicle Group) has acquired Neely Coble Company, a multi-location Freightliner/Western Star/Isuzu dealership group with locations in the Nashville, TN, Huntsville/Decatur, AL and Bowling Green, KY metros. The acquisition expands Velocity Truck Centers' footprint from the Southwest into the Southeast and adds commercial vehicle sales, service and parts capabilities to support regional fleets and owner-operators.

Truck Center Companies Acquires Harrison Truck Centers

August 31, 2020

Trucking & Fleet

Truck Center Companies, a Freightliner/Western Star dealership group based in Omaha, Nebraska, has acquired Harrison Truck Centers, adding eight Freightliner/Western Star sales and service locations across Minnesota and Iowa. The deal expands Truck Center Companies' geographic footprint in the Upper Midwest and brings Harrison's staff into TCC while the current Harrison ownership group will remain in managerial roles.

Velocity Vehicle Group Acquires Great West Truck Center (Kingman, AZ)

April 5, 2021

Transportation

Velocity Vehicle Group (VVG) has acquired Great West Truck Center in Kingman, Arizona, adding a strategic location at the intersection of I-40 and I-93 to VVG's Southwest network. The Kingman location will continue offering commercial tires and heavy towing while VVG integrates the site and employees into its dealer and service operations.

Velocity Vehicle Group Acquires Eagers Automotive Daimler Truck & Bus Business

June 16, 2022

Trucking & Fleet

Velocity Vehicle Group (VVG) has completed the acquisition of Eagers Automotive Limited's Daimler Truck and Bus dealerships across Australia. The acquired business — representing Mercedes-Benz, Freightliner and Fuso commercial vehicles — employs about 650 people across metropolitan and regional locations including Brisbane, Newcastle, Sydney, Melbourne, Adelaide and Perth.

Shorehill Capital Acquires Ownership Interest in Triad Technologies, LLC

November 7, 2019

Industrial Services

Shorehill Capital acquired an ownership interest in Triad Technologies, LLC in partnership with Triad's management team and the Wissman family. The Wissman family retained a significant ownership stake and Doug Wissman will join the company's board; Twin Brook Capital Partners and Maranon Capital provided financing. Triad is a Vandalia, Ohio-based value-added distributor of industrial fluid power and automation solutions, serving more than 7,000 active customers across 21 locations.