OTR Solutions Acquires TruckSmarter Factoring and Banking Division

OTR Solutions Acquires Peruse

February 20, 2026

Logistics & Distribution

OTR Solutions, a Roswell, Georgia-based logistics-focused fintech, has acquired Peruse Technology, an AI-powered document automation platform built for the transportation and logistics industry. The acquisition will expand OTR's AI-driven capabilities across document classification, audit, fraud detection and data extraction—delivering reported operational gains such as a 32% reduction in cost per invoice and more than 70% no-touch invoice processing.

Scale Bank Acquires Great Plains Transportation Services and Partners Funding

October 1, 2025

Financial Services

Scale Bank has acquired Great Plains Transportation Services and Partners Funding, two Fairmont, Minnesota-based invoice factoring providers, bringing their combined team of 39 professionals and ~2,800 customers into Scale Bank’s Scale Funding and Provident Commercial Finance divisions. The acquisition expands Scale Bank’s factoring capabilities and strengthens its lending presence in the trucking and transportation end market while complementing its financing to staffing and oil & gas service companies.

CIVC Partners Invests in OTR Transportation

August 31, 2022

Logistics & Distribution

Chicago-based private equity firm CIVC Partners has made a growth investment in OTR Transportation, a Chicago-headquartered technology-enabled freight broker, in partnership with founder and CEO Jon Braun. The deal leaves the OTR management team in place (Braun retaining a significant stake) and will support accelerated organic growth and pursuit of strategic acquisitions; Dan Para is participating as a co-investor and will join OTR's board.

truckstop.com Acquires Denim

August 19, 2025

Transportation

truckstop.com has acquired Denim, a transportation-focused fintech that provides factoring, automated invoicing, and back-office automation. The acquisition will integrate Denim's AI-driven payment processing and recourse factoring capabilities into truckstop.com's freight marketplace and carrier identity solutions to improve cash flow, reduce time-to-cash, and expand financial services for carriers and brokers.

FleetPride Acquires OTR Fleet Service LLC

March 18, 2025

Trucking & Fleet

FleetPride, the nation’s largest independent distributor of aftermarket heavy-duty parts and service, has acquired OTR Fleet Service LLC, a Houston-headquartered mobile and fixed-location fleet maintenance provider with service centers in Dallas, Houston and San Antonio and more than 30 mobile units. The acquisition expands FleetPride’s service footprint and mobile maintenance capabilities across key Texas markets and provides OTR customers access to FleetPride’s nationwide parts, digital commerce and training resources.

DAT Freight & Analytics Acquires Trucker Tools

December 18, 2024

Logistics & Distribution

DAT Freight & Analytics has acquired the operations of Trucker Tools LLC from ASG (a portfolio company of Alpine Investors) to integrate real-time load tracking, automated booking, and digital freight-matching capabilities into its DAT One platform. Trucker Tools will continue to operate under its current leadership, with CEO Kary Jablonski joining the DAT executive team; the deal closed on December 17, 2024.