TransForce Group Acquires United States Truck Driving School (USTDS)
October 18, 2021
TransForce Group, majority owned by an affiliate of Palladium Equity Partners, acquired United States Truck Driving School (USTDS) in Denver and Colorado Springs, Colorado, with the sale finalized October 18, 2021. USTDS will retain its name and become part of The CDL School (a TransForce Group company), expanding TransForce's CDL training footprint and veteran placement programs as an add-on under Palladium's ownership.
- Buyers
- TransForce Group, Palladium Equity Partners, LLC
- Targets
- United States Truck Driving School (USTDS)
- Sellers
- Richard Lammers (Owner and CEO of United States Truck Driving School)
- Platforms
- The CDL School
- Industry
- Transportation
- Location
- Colorado, United States
- Transaction Type
- Addon
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