TIP Trailer Services Acquires Ryder Ltd’s UK Trailer Leasing and Maintenance Business

TIP Trailer Services Acquires Trailer Wizards

December 30, 2019

Transportation

TIP Trailer Services, a portfolio company of I Squared Capital, has completed the acquisition of Trailer Wizards, Canada's largest commercial trailer rental and leasing company. The deal will integrate Trailer Wizards with TIP's existing Canadian business, Train Trailer Rentals, expanding TIP's footprint across Canada and strengthening its trailer leasing, rental and maintenance capabilities.

Ryder System, Inc. Acquires Truck Service Depot

January 5, 2026

Transportation

Ryder System, Inc. has acquired Truck Service Depot, an Atlanta-based mobile maintenance provider for commercial trucks and trailers, expanding its Torque by Ryder retail mobile maintenance footprint in Georgia and the broader Southeast. The deal, which closed January 5, 2026, adds more than 20 technicians and two physical sites (Atlanta and Savannah) to Ryder's network; founder Scott Marshall will support the transition and financial terms were not disclosed.

FleetPride Acquires TAM Truck & Trailer Service

February 21, 2023

Trucking & Fleet

FleetPride, the nation’s largest distributor of heavy-duty truck and trailer parts and services, has acquired the assets of family-owned TAM Truck & Trailer Service in Alto, Georgia. The acquisition expands FleetPride’s local service footprint and adds trailer repair, mobile maintenance and parts capabilities to its national network.

Penske Truck Leasing Acquires Star Truck Rentals, Inc.

April 26, 2023

Trucking & Fleet

Penske Truck Leasing agreed to acquire Star Truck Rentals, Inc., a Michigan-based transportation services company that offers full-service leasing, commercial truck rental, contract maintenance and used truck sales. The acquisition adds Star’s ~1,900 vehicles and 18 locations across Michigan and Indiana to Penske’s network; financial terms were not disclosed and the transaction was expected to close in Q2 2023 subject to customary approvals.

Swiss Life Asset Managers Acquires Co-Controlling Stake in Telecom Infrastructure Partners (TIP) via InfraBridge

January 10, 2024

Infrastructure

Swiss Life Asset Managers, on behalf of its funds, has entered into a binding agreement to acquire a co-controlling equity stake in Telecom Infrastructure Partners (TIP) alongside InfraBridge. The investment is intended to accelerate TIP’s next phase of growth by expanding its telecom site lease aggregation platform across Europe and Latin America.

Parts for Trucks Acquires Trailine Trailer Parts

April 12, 2024

Transportation

Parts for Trucks has acquired Trailine Trailer Parts to expand its national parts and service network across Canada. The combined business strengthens Parts for Trucks' footprint to 30 parts warehouses and 14 service facilities, enhancing parts distribution and service capabilities for the heavy-duty trucking industry.