Rock Hill Capital & Cynosure Group Invest in Service Truck Depot
March 5, 2024
Service Truck Depot, a Fairfield, Texas maker of custom-built service and mechanics trucks, received a transformative investment from Houston-based Rock Hill Capital and Salt Lake City-based The Cynosure Group. The transaction facilitates the buyout of previous partner Foundation Automotive and provides growth capital to expand product offerings, accelerate growth and reach new end markets.
- Buyers
- Rock Hill Capital, The Cynosure Group
- Targets
- Service Truck Depot
- Sellers
- Foundation Automotive
- Industry
- Manufacturing
- Location
- Texas, United States
- Transaction Type
- Buyout
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