OTR Solutions Acquires TruckSmarter Factoring and Banking Division
November 18, 2025
OTR Solutions has acquired TruckSmarter’s factoring and business banking division, assuming all factoring and banking operations and onboarding TruckSmarter’s factoring clients. The deal lets TruckSmarter focus on its AI-driven dispatching and load board technology while expanding OTR’s freight finance and banking capabilities for carriers nationwide.
- Buyers
- OTR Solutions
- Targets
- TruckSmarter
- Sellers
- TruckSmarter
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Divestiture
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