Transportation Acquisitions in Idaho

Lincolnshire Management, a New York-based private equity firm, has acquired Whitewater Brands, an omnichannel marketer and supplier of consumables and light equipment to automotive collision shops, mechanical repair shops, and dealerships. The sellers were Rock Gate Partners and Peninsula Capital Partners; financial terms were not disclosed. Lincolnshire intends to grow the business organically and via M&A, leveraging Whitewater's multi-brand catalog, e-commerce channels, and distribution footprint.

ICONIQ Capital has made a majority investment in Truckstop.com, becoming the company’s majority shareholder while founder Scott Moscrip and the existing management team retain significant ownership. The investment will be used to deepen Truckstop.com's product portfolio, accelerate strategic initiatives and market penetration, and support organic growth and acquisitions; DC Advisory advised Truckstop.com and Goodwin Procter advised ICONIQ.