RWC International Acquires Selected Assets of Kyrish Truck Centers

HOLT Truck Centers Acquires Kyrish Truck Centers

October 18, 2024

Automotive

HOLT Truck Centers (a HOLT Group operating company) has acquired Kyrish Truck Centers, a family-owned operator of 20 International Motors, Fleetrite Truck Parts, Idealease, and Longhorn Bus dealerships and service centers in Texas. The deal brings HOLT’s total locations to 35, makes it the third-largest International Motors dealer in the U.S., and transfers roughly 550 Kyrish employees to HOLT while preserving Kyrish’s Longhorn Bus brand in Texas.

Kriete Truck Centers Acquires La Crosse Truck Center

July 22, 2024

Trucking & Fleet

Kriete Truck Centers, a Milwaukee-based truck dealer group, has acquired La Crosse Truck Center in La Crosse, Wisconsin. The acquisition expands Kriete's ability to sell and service Mack and Isuzu trucks in the La Crosse and Mauston areas and will coincide with a major renovation of Kriete's existing La Crosse location.

All Roads Acquires Central Truck Center

December 1, 2021

Trucking & Fleet

All Roads, a privately held multi-channel retail and commercial services enterprise based in Baltimore, Maryland, has acquired Central Truck Center, a Kenworth and Isuzu truck dealership based in Landover, Maryland, from owners Sam Keyton and Henry Meinhardt III. Chesapeake Corporate Advisors served as exclusive financial advisor to Central Truck Center; Sam Keyton will remain with the combined organization in a sales leadership role. The acquisition expands All Roads' commercial truck sales and repair capacity in the Mid-Atlantic region.

Penske Automotive Group Acquires Transolutions Truck Centres

June 5, 2023

Trucking & Fleet

Penske Automotive Group, through its Premier Truck Group subsidiary, acquired Transolutions Truck Centres (TSTC), a five-location medium- and heavy-duty truck and bus dealership network based in Winnipeg, Manitoba. The deal expands Premier Truck Group's presence into Manitoba, adds approximately $180 million of expected annualized revenue and about 200 employees (including 59 technicians and 73 service bays).

Truck Center Companies Acquires Harrison Truck Centers

August 31, 2020

Trucking & Fleet

Truck Center Companies, a Freightliner/Western Star dealership group based in Omaha, Nebraska, has acquired Harrison Truck Centers, adding eight Freightliner/Western Star sales and service locations across Minnesota and Iowa. The deal expands Truck Center Companies' geographic footprint in the Upper Midwest and brings Harrison's staff into TCC while the current Harrison ownership group will remain in managerial roles.

Penske Truck Leasing Acquires Kris-Way Truck Leasing, Inc.

March 30, 2023

Transportation

Penske Truck Leasing has reached an agreement to acquire Kris-Way Truck Leasing, Inc., a New England-based transportation services company offering truck leasing, rental, maintenance and dedicated contract carriage. The deal will add Kris-Way's approximately 150 associates, over 900 vehicles and seven locations across Maine and New Hampshire to Penske's network; financial terms were not disclosed and closing was expected in Q2 2023 subject to customary approvals.