Velocity Truck Centers Acquires Neely Coble Company

Velocity Truck Centers Acquires Triple-T Truck Centers

January 4, 2022

Automotive

Velocity Truck Centers (part of Velocity Vehicle Group) has acquired Triple-T Truck Centers and its Aftermarket Parts business, expanding VTC's footprint across the Carolinas and the Southeast. The deal brings Triple-T's locations and a New Bern-based parts business into VTC's network as the company grows to 62 locations offering sales, service, parts and financing; owner Tim Matt has sold the business and VTC has committed to retain stewardship of management and employees.

Velocity Truck Centers Acquires Triad Freightliner Group, Carolina Freightliner and H&H Freightliner

October 1, 2021

Automotive

Velocity Truck Centers (part of Velocity Vehicle Group) has acquired the Triad Freightliner group — including Triad Freightliner, Triad Freightliner of Kingsport, West Carolina Freightliner, Carolina Freightliner and H&H Freightliner — expanding VTC’s footprint into North Carolina and eastern Tennessee. The acquisition adds nine dealership locations and more than 400 employees, broadening VTC’s commercial vehicle sales, service, parts and financing capabilities in the Southeast.

K. Neal Truck and Bus Center Acquires Powell's Truck & Equipment, Inc.

October 2, 2023

Trucking & Fleet

K. Neal Truck and Bus Center, a family-owned multi-location commercial truck and bus dealership, has acquired Powell's Truck & Equipment, Inc. of Lynchburg, Virginia from Reggie and Steve Powell. The acquisition adds Powell's single-location dealership and rental/leasing division to K. Neal's footprint across the Washington, D.C., Maryland and Virginia markets, expanding service, parts and sales capabilities for medium- and heavy-duty commercial fleets.

Velocity Vehicle Group Acquires Great West Truck Center (Kingman, AZ)

April 5, 2021

Transportation

Velocity Vehicle Group (VVG) has acquired Great West Truck Center in Kingman, Arizona, adding a strategic location at the intersection of I-40 and I-93 to VVG's Southwest network. The Kingman location will continue offering commercial tires and heavy towing while VVG integrates the site and employees into its dealer and service operations.

FleetPride Acquires Raney's Truck Center

October 3, 2023

Transportation

FleetPride, the nation’s largest distributor of aftermarket heavy-duty truck parts and service, has acquired Raney's Truck Center, a long-standing parts and service provider based in Ocala, Florida. The acquisition expands FleetPride’s footprint in Florida and supplements its parts and service capabilities to better serve local and nationwide trucking customers.

FleetPride Acquires Southern Truck Center of Birmingham, Alabama

March 31, 2021

Trucking & Fleet

FleetPride, Inc. has acquired the assets of Southern Truck Center of Birmingham, Alabama, a family-founded truck and trailer parts and service operation started by Tim Walker in 2005. Mike Walker will continue to manage day-to-day operations; the acquisition complements FleetPride's nearby Birmingham branch and expands its local service footprint as part of FleetPride's ongoing acquisition-driven growth strategy.