Love's Travel Stops Acquires TVC Pro-Driver from Gauge Capital

Gauge Capital Recapitalizes TVC Enterprises

January 22, 2019

Professional Services

Gauge Capital has made a strategic investment to recapitalize TVC Enterprises, a market-leading provider of legal and value-added services to commercial truck drivers. The investment will support TVC's plans to accelerate market penetration and expand its service offerings; Gauge partners Tom McKelvey, James Jackson and Reid Barnett have joined TVC's board.

TruckPro Acquires Drivelines NW

September 26, 2022

Automotive

TruckPro, LLC acquired Drivelines NW, Inc., a Washington-based driveline repair and parts dealer, in a transaction that closed August 31, 2022. Generational Equity advised Drivelines NW on the sale; the acquisition expands TruckPro’s heavy-duty parts and service footprint in the Pacific Northwest.

Platinum Equity Acquires TruckPro

October 16, 2019

Logistics & Distribution

An affiliate of Platinum Equity has acquired TruckPro Holding Corporation from Harvest Partners. TruckPro, headquartered in Memphis, Tennessee, is a leading distributor of heavy-duty truck and trailer parts with more than 150 locations across the United States and Canada; Platinum Equity said it will pursue organic growth and potential acquisitions to expand the business.

TruckPro Acquires Advanced Distribution Company in Bakersfield, CA

October 2, 2024

Automotive

TruckPro, LLC has acquired Advanced Distribution Company, a Bakersfield-based aftermarket supplier of heavy-duty truck and trailer parts and fleet maintenance services. The acquisition expands TruckPro’s presence and service capabilities in California, adding Advanced Distribution’s two locations and regional customer relationships to TruckPro’s national distribution network.

TruckPro Acquires Young's Gear Denali Drivelines

April 4, 2022

Trucking & Fleet

TruckPro, a Memphis-based distributor of heavy-duty truck and trailer parts, acquired the assets related to Young's Gear Denali Drivelines, a driveline, drivetrain and suspension repair shop in Fairbanks, Alaska, owned by Daryl and Joy McGhan. The deal strengthens TruckPro's footprint and service capabilities in Alaska and provides local customers access to TruckPro's broader product offerings and nationwide distribution network.

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.