Rock Hill Capital & Cynosure Group Invest in Service Truck Depot

March 5, 2024

Service Truck Depot, a Fairfield, Texas maker of custom-built service and mechanics trucks, received a transformative investment from Houston-based Rock Hill Capital and Salt Lake City-based The Cynosure Group. The transaction facilitates the buyout of previous partner Foundation Automotive and provides growth capital to expand product offerings, accelerate growth and reach new end markets.

Buyers
Rock Hill Capital, The Cynosure Group
Targets
Service Truck Depot
Sellers
Foundation Automotive
Industry
Manufacturing
Location
Texas, United States
Transaction Type
Buyout

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