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.

Truck Center Companies Acquires Harrison Truck Centers

August 31, 2020

Trucking & Fleet

Truck Center Companies, a Freightliner/Western Star dealership group based in Omaha, Nebraska, has acquired Harrison Truck Centers, adding eight Freightliner/Western Star sales and service locations across Minnesota and Iowa. The deal expands Truck Center Companies' geographic footprint in the Upper Midwest and brings Harrison's staff into TCC while the current Harrison ownership group will remain in managerial roles.

Daimler Trucks Acquires Majority Stake in Torc Robotics

March 29, 2019

Automotive

Daimler Trucks (via Daimler Trucks and Buses Holding Inc., a subsidiary of Daimler AG) agreed to acquire a majority stake in Torc Robotics to accelerate commercialization of SAE Level 4 automated trucks. Torc will remain a separate entity in Blacksburg, Virginia, continue developing its Asimov self-driving software and work closely with Daimler's R&D teams in Portland and globally.

Capital For Business and Sage Capital Acquire DIT‑MCO International

January 6, 2016

Manufacturing

Capital For Business and Sage Capital completed an asset purchase of DIT‑MCO International Corporation, creating a newly formed DIT‑MCO International LLC and retaining existing management and staff. The acquisition, driven in part by family succession goals following long-time owner F. L. Thompson's passing and the retirement of Richard Thompson, will keep operations in Kansas City under new private equity ownership.