Bosch Truck Group Acquires Dawson International Truck Centres (DITC)

Penske Automotive Group Acquires Transolutions Truck Centres

June 5, 2023

Trucking & Fleet

Penske Automotive Group, through its Premier Truck Group subsidiary, acquired Transolutions Truck Centres (TSTC), a five-location medium- and heavy-duty truck and bus dealership network based in Winnipeg, Manitoba. The deal expands Premier Truck Group's presence into Manitoba, adds approximately $180 million of expected annualized revenue and about 200 employees (including 59 technicians and 73 service bays).

Fullbay Acquires Dieselmatic Digital Inc.

April 5, 2022

Marketing & Advertising

Fullbay, the Phoenix-based shop management software provider for heavy-duty repair shops, has acquired Dieselmatic Digital Inc., a British Columbia–based digital marketing agency focused on diesel repair shops. The acquisition adds demand-generation and digital marketing capabilities to Fullbay's platform to drive more business to shop customers; terms were not disclosed.

Titanium Transportation Acquires International Truckload Services Group (ITS)

February 5, 2021

Trucking & Fleet

Titanium Transportation Group Inc. acquired all shares of International Truckload Services Group (ITS) for approximately $60.5 million (cash and assumption of net debt), adding ITS' assets, footprint and customer base to Titanium's platform. ITS, founded in 1986 and based in Belleville, Ontario, generates about $80 million in annual revenue, operates ~330 power units and 1,600 trailers, and employs roughly 470 people; the deal expands Titanium's scale and geographic coverage across southern Ontario, Quebec and the United States.

HOLT Truck Centers Acquires Kyrish Truck Centers

October 18, 2024

Automotive

HOLT Truck Centers (a HOLT Group operating company) has acquired Kyrish Truck Centers, a family-owned operator of 20 International Motors, Fleetrite Truck Parts, Idealease, and Longhorn Bus dealerships and service centers in Texas. The deal brings HOLT’s total locations to 35, makes it the third-largest International Motors dealer in the U.S., and transfers roughly 550 Kyrish employees to HOLT while preserving Kyrish’s Longhorn Bus brand in Texas.

Baltimore Potomac Truck Centers Acquires TMI Truck & Equipment (Tidewater Mack)

November 13, 2023

Automotive

Baltimore Potomac Truck Centers has acquired TMI Truck & Equipment (Tidewater Mack, Inc.), adding two dealerships in Chesapeake and Norfolk, Virginia. The deal, completed Nov. 13, 2023, expands Baltimore Potomac's footprint in Tidewater Virginia and brings additional OEM franchises (including Isuzu) and trailer lines into its portfolio.

All Roads Acquires Central Truck Center

December 1, 2021

Trucking & Fleet

All Roads, a privately held multi-channel retail and commercial services enterprise based in Baltimore, Maryland, has acquired Central Truck Center, a Kenworth and Isuzu truck dealership based in Landover, Maryland, from owners Sam Keyton and Henry Meinhardt III. Chesapeake Corporate Advisors served as exclusive financial advisor to Central Truck Center; Sam Keyton will remain with the combined organization in a sales leadership role. The acquisition expands All Roads' commercial truck sales and repair capacity in the Mid-Atlantic region.