Cox Automotive Buys Remaining Stake in Fleet Services (formerly Dickinson Fleet Services)
January 8, 2025
Cox Automotive acquired the remaining minority ownership stakes in its Fleet Services business from Mike Dickinson and Ted Coltrain, consolidating full ownership after initially acquiring Dickinson Fleet Services in 2020. The move supports Cox's long-term commitment to expand mobile maintenance and emergency mobile services across the U.S.; Coltrain will retire and Dickinson will remain in a consultancy role.
- Buyers
- Cox Automotive
- Targets
- Fleet Services by Cox Automotive (formerly Dickinson Fleet Services)
- Sellers
- Mike Dickinson, Ted Coltrain
- Industry
- Automotive
- Location
- United States
- Transaction Type
- Buyout
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