Recent Trucking & Fleet Acquisitions
Acquisition Volume in Trucking & Fleet by Year
Last 5 years
This page highlights recent transactions across the U.S. trucking & fleet sector, including carrier sales, dealer and upfitter acquisitions, towing and recovery platforms, specialty tank carriers, and fleet-maintenance investments. Activity spans regional operators and national consolidators.
Buyers range from strategic operators to private-equity and family-office sponsors. Examples include growth investments and add-on acquisitions by sponsors such as Tailwind Capital and Avkha Equity Holdings, strategic roll-ups by operators like Voyager Trucking Corporation and platform expansions by fleet-service specialists such as Amerit Fleet Solutions.
What Stands Out
- Diverse buyer mix: both strategic operators and private capital are active (e.g., Tailwind Capital, Avkha Equity Holdings, Equity Group Investments).
- Subsector concentration: notable deal flow in upfitting and dealer services, towing & roadside recovery, regional carriers, chemical/tank carriers, auto transport and mobile fleet maintenance.
- Geographic spread across multiple U.S. states, with recent transactions in Illinois, Virginia, Arkansas, Minnesota, New Jersey, Texas, California, Florida and Ohio.
- Several transactions preserve brands or retain existing management and founders as part of the transition (for example, Vital Truck & Van founders retained an ownership stake; Dart brand and day-to-day operations were preserved).
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January 20, 2026
- Buyer
- Alliance Fleet, Owner Resource Group LLC (ORG)
- Target
- Vital Truck & Van
- Industry
- Trucking & Fleet
- Location
- Illinois, United States
- Type
- Addon
Alliance Fleet, a portfolio company of Owner Resource Group (ORG), has acquired Vital Truck & Van, a light commercial vehicle upfitter headquartered in Batavia, Illinois, with additional locations in Colorado. Vital's founders will join Alliance Fleet's leadership team and retain an ownership stake as the combined company pursues a national dropship upfitting facility network to accelerate delivery and expand geographic coverage.
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January 15, 2026
- Buyer
- Tailwind Capital
- Target
- Valor Fleet Services
- Seller
- Full Guard Capital
- Industry
- Trucking & Fleet
- Location
- Virginia, United States
- Type
- Buyout
Tailwind Capital has made a control investment in Valor Fleet Services, a Leesburg, Virginia–based towing, recovery and roadside assistance platform operating roughly 14 locations. The partnership positions Tailwind to scale Valor through operational investment and add-on acquisitions in the highly fragmented towing and road services market; Full Guard Capital is the selling sponsor and Bruce Dressel will join Valor's board as Executive Chairman.
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January 11, 2026
- Buyer
- UTAC, LLC
- Target
- USA Truck
- Seller
- DSV
- Industry
- Trucking & Fleet
- Location
- Arkansas, United States
- Type
- Divestiture
DSV has sold 100% of USA Truck to UTAC, LLC, a private Arkansas-based entity formed by current and former USA Truck leaders including CEO George Henry, former CFO Zachary King and former CEO James Reed. The deal returns the 42-year-old carrier to U.S.-based ownership; financial terms were not disclosed and DSV said the sale positions USA Truck for future growth under local management.
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January 1, 2026
- Buyer
- Avkha Equity Holdings
- Target
- Dart Transit Company, Dart Express
- Seller
- Oren family
- Industry
- Trucking & Fleet
- Location
- Minnesota, United States
- Type
- Buyout
Avkha Equity Holdings, a San Francisco-based private investment firm, has acquired Minnesota-based Dart Transit Company (including Dart Express and related subsidiaries), ending 90 years of Oren family ownership. The transaction (effective Jan. 1) preserves the Dart brand and day-to-day operations while Avkha plans to expand service offerings — including additional lanes, intermodal solutions, and dedicated fleets — and installs a new CEO as part of the leadership transition.
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December 15, 2025
- Buyer
- Voyager Trucking Corporation
- Target
- Vision Transport
- Industry
- Trucking & Fleet
- Location
- New Jersey, United States
- Type
- Buyout
Voyager Trucking Corporation has acquired Vision Transport, a Fairview-based regional hauler that serves municipal solid waste customers across New Jersey, New York and Pennsylvania. The combination creates a larger Mid‑Atlantic waste transportation platform, expands Voyager's fleet and capabilities, and will keep the Vision brand and employees in place with Tim Markoglu continuing in a senior executive role.
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December 12, 2025
- Buyer
- Equity Group Investments
- Target
- CIT Trucks
- Industry
- Trucking & Fleet
- Location
- Illinois, United States
- Type
- Buyout
Equity Group Investments (EGI) has made an investment in CIT Trucks, a commercial truck dealer headquartered in Normal, Illinois. EGI will partner with CIT's senior management (who retain an ownership stake) to support growth and expansion across the Midwest as the current CEO retires and the president assumes the CEO role.
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October 1, 2025
- Buyer
- Trimac Transportation
- Target
- Service Transport Company
- Industry
- Trucking & Fleet
- Location
- Texas, United States
- Type
- Buyout
Trimac Transportation has acquired Service Transport Company (STC), a Houston-based chemical tank carrier, effective Oct. 1, 2025. The deal expands Trimac's chemical hauling footprint across the U.S. Gulf Coast by adding STC's fleet, 16 locations, four tank wash facilities and roughly 400 employees.
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September 9, 2025
- Buyer
- Amerit Fleet Solutions, Vector Fleet Management
- Target
- Derotic Emergency Equipment
- Seller
- Jim Demattei, Casey Demattei
- Industry
- Trucking & Fleet
- Location
- California, United States
- Type
- Addon
Amerit Fleet Solutions has acquired Derotic Emergency Equipment, a California-based upfitter of fire, police, emergency and utility vehicles. The business will be integrated into Vector Fleet Management (an Amerit company) to expand Vector and Amerit's government vehicle upfitting and nationwide fleet services capabilities.
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August 30, 2025
- Buyer
- Pinch Transport
- Target
- Levinge Freight Lines
- Industry
- Trucking & Fleet
- Location
- Texas, United States
- Type
- Buyout
Pinch Transport has acquired Levinge Freight Lines for an undisclosed amount to expand its flatbed less-than-truckload (LTL) and truckload services into additional oilfield markets. The deal broadens Pinch’s geographic footprint across multiple states while retaining Levinge leadership and integrating operations to achieve scale and efficiency.
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August 14, 2025
- Buyer
- SYCN Auto Logistics, Rite Way Auto Transport Group, Mercury Auto Transport
- Target
- SYCN Auto Logistics, Rite Way Auto Transport Group, Mercury Auto Transport
- Industry
- Trucking & Fleet
- Location
- Florida, United States
- Type
- Buyout
SYCN Auto Logistics, Rite Way Auto Transport Group, and Mercury Auto Transport have merged to form a combined, founder‑led auto transport management company headquartered in Florida that will handle over 25,000 vehicle moves per month. The combined business will operate under a unified technology platform while maintaining each brand, expanding national coverage and capabilities across consumer, dealer/OEM, fleet and oversized-vehicle segments.
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- Buyer
- Guardian Fleet Services
- Target
- Howard's Wrecker Service
- Industry
- Trucking & Fleet
- Location
- Georgia, United States
- Type
- Addon
Guardian Fleet Services announced a strategic partnership/merger with Howard's Wrecker Service of Smyrna, Georgia, bringing the long-established towing and recovery operator into Guardian's national platform. Phil Howard will remain as President to help lead the business as Guardian expands its service footprint in the Atlanta market to better serve municipalities, public safety agencies and commercial customers.
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- Buyer
- Roebling Capital Partners
- Target
- White Stone Fleet Service, LLC
- Industry
- Trucking & Fleet
- Location
- Ohio, United States
- Type
- Growth capital
Roebling Capital Partners has led a strategic growth investment in White Stone Fleet Service, LLC, a Hamilton, Ohio–based mobile fleet maintenance provider. The capital will support White Stone's geographic expansion across the Midwest, technology adoption, talent recruitment, and potential strategic acquisitions while the existing leadership team remains in place.
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May 13, 2025
- Buyer
- Armour Excavating LLC
- Target
- R Cedar LLC dba Buck Valley Trucking
- Seller
- R Cedar LLC, Eric Roehl
- Industry
- Trucking & Fleet
- Location
- Texas, United States
- Type
- Buyout
Armour Excavating LLC, a Texas-based excavating and aggregate materials provider, has acquired R Cedar LLC dba Buck Valley Trucking, a Center Point, Texas hauling company. The acquisition expands Armour’s geographic footprint into Center Point and adds aggregate hauling capabilities and customer relationships to its services.
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April 16, 2025
- Buyer
- Stonepeak
- Target
- Dupré Logistics
- Industry
- Trucking & Fleet
- Location
- Louisiana, United States
- Type
- Buyout
Stonepeak has partnered with Dupré Logistics, a Lafayette, Louisiana-based transportation company that operates more than 700 trucks and 1,000 professional drivers, to invest in and grow Dupré's nationwide energy distribution, private fleet and brokerage services. The Dupré family will remain shareholders and Stonepeak has appointed Chris Sower as interim CEO to support the company's next phase of growth; terms were not disclosed.
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March 31, 2025
- Buyer
- The Kenan Advantage Group, Inc.
- Target
- M.C. Tank Transport, Inc.
- Industry
- Trucking & Fleet
- Location
- Ohio, United States
- Type
- Buyout
The Kenan Advantage Group, Inc. (KAG) has acquired M.C. Tank Transport, Inc., a West Chester, Ohio-based liquid bulk chemical transport company operating eight terminals and three ISO container depots across the Southeast and Midwest. The deal brings roughly 175 drivers and 70 operational/administrative employees into KAG, and adds about 100 tractors and 500 trailers/chassis while expanding KAG’s chemical tanking, ISO container storage/maintenance, and related service capabilities.
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March 18, 2025
- Buyer
- FleetPride, Inc.
- Target
- OTR Fleet Service LLC
- Seller
- James Hicks, CJ Hicks
- Industry
- Trucking & Fleet
- Location
- Texas, United States
- Type
- Addon
FleetPride, the nation’s largest independent distributor of aftermarket heavy-duty parts and service, has acquired OTR Fleet Service LLC, a Houston-headquartered mobile and fixed-location fleet maintenance provider with service centers in Dallas, Houston and San Antonio and more than 30 mobile units. The acquisition expands FleetPride’s service footprint and mobile maintenance capabilities across key Texas markets and provides OTR customers access to FleetPride’s nationwide parts, digital commerce and training resources.
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January 15, 2025
- Buyer
- Trimac Transportation
- Target
- Watt & Stewart Commodities Inc.
- Industry
- Trucking & Fleet
- Location
- Alberta, Canada
- Type
- Buyout
Trimac Transportation has acquired Watt & Stewart Commodities Inc., a flatbed and specialized carrier, effective Jan. 15, 2025. The deal expands Trimac’s flatbed capabilities and market coverage across mining, forestry and heavy equipment transport in Canada and the United States; Watt & Stewart will retain its name and operate within Trimac’s Family of Companies.
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December 19, 2024
- Buyer
- Guardian Fleet Services
- Target
- Isaacs Wrecker Service
- Industry
- Trucking & Fleet
- Location
- Texas, United States
- Type
- Buyout
Guardian Fleet Services, a West Palm Beach-based provider of towing, recovery and specialized transportation services, has acquired Isaacs Wrecker Service, a Tyler, Texas-based towing and specialized transportation operator. The deal expands Guardian's Texas footprint to 11 terminals, adds Isaacs' fleet and 75 employees, and strengthens the company's coverage along the I-20 corridor and East Texas markets.
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December 16, 2024
- Buyer
- Jackson Group Peterbilt
- Target
- Peterbilt of Wyoming
- Seller
- Fred DeVore, Bill DeVore
- Industry
- Trucking & Fleet
- Location
- Wyoming, United States
- Type
- Buyout
Jackson Group Peterbilt has acquired Peterbilt of Wyoming — the four Peterbilt dealership locations in Casper, Rock Springs, Cheyenne, and Riverton — from brothers Fred and Bill DeVore. The transaction transfers the third-generation family business (founded 1949) into the Jackson Group's dealer network as part of its ongoing regional expansion.
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November 25, 2024
- Buyer
- Heniff Transportation Systems
- Target
- Hagen Johnson Group
- Seller
- Theresa Johnson, Brandon Johnson
- Industry
- Trucking & Fleet
- Location
- Wisconsin, United States
- Type
- Buyout
Heniff Transportation Systems has acquired Janesville, Wisconsin–based Hagen Johnson Group, adding Hagen Johnson’s food-grade tank truck fleet, kosher tank-cleaning operation, and liquid freight brokerage to Heniff’s corresponding divisions. Terms were not disclosed; the deal excludes Reedsburg-based Korth Transfer. Heniff said the acquisition will support continued growth, technology investment and improved services for customers.
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November 22, 2024
- Buyer
- Nextran Truck Centers
- Target
- Quincy Mack, Decatur Mack, H&L Mack
- Seller
- Jack Sharkey
- Industry
- Trucking & Fleet
- Location
- United States
- Type
- Buyout
Nextran Truck Centers has acquired Quincy Mack, Decatur Mack, and H&L Mack, adding five dealership locations across Illinois, Missouri and Iowa and expanding Nextran’s footprint from 26 to 31 locations. The deal strengthens Nextran’s sales, parts, service and rental & leasing capabilities and reinforces its position as a leading Mack Trucks dealer in North America; the sellers were led by owner Jack Sharkey.
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November 11, 2024
- Buyer
- Blair Logistics, PS Logistics
- Target
- Fluker Transportation
- Seller
- James Watson, Peter Walker
- Industry
- Trucking & Fleet
- Location
- Louisiana, United States
- Type
- Addon
PS Logistics announced that its subsidiary Blair Logistics has acquired Fluker Transportation, a founder-owned flatbed and heavy-haul trucking company based in Hammond, Louisiana. The acquisition will fold Fluker into Blair Logistics to expand flatbed/heavy-haul capacity and geographic coverage across the southeastern United States; financial terms were not disclosed.
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October 26, 2024
- Buyer
- Warrior Technologies
- Target
- Lobo Trucking
- Industry
- Trucking & Fleet
- Location
- New Mexico, United States
- Type
- Buyout
Midland-based Warrior Technologies has acquired Lobo Trucking, expanding its footprint into the Delaware Basin across Texas and New Mexico. The acquisition adds about 53 employees and 46 operating units, strengthens Warrior's vacuum-truck and remediation capabilities, and will keep Lobo operating under its existing brand from yards in Hobbs and Artesia, New Mexico.
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- Buyer
- LetterOne
- Target
- Dayim Middle East Holding Company
- Industry
- Trucking & Fleet
- Location
- Riyadh, Saudi Arabia
- Type
- Growth capital
Luxembourg-based investment firm LetterOne has made a significant growth investment in Dayim Middle East Holding Company (DMEH), a Saudi equipment and truck logistics & leasing group, to fund DMEH’s continued growth across Saudi Arabia and the broader GCC. The capital supports DMEH’s expansion across end markets such as oil & gas, infrastructure and logistics while helping LetterOne establish a longer-term presence in the region.
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October 16, 2024
- Buyer
- California Freight
- Target
- Superior Truck Lines
- Seller
- Amaral family
- Industry
- Trucking & Fleet
- Location
- California, United States
- Type
- Buyout
California Freight, a Ripon, California-based trucking company, has acquired Superior Truck Lines of Newman, California to strengthen its dairy transport capabilities across California's Central Valley. The deal preserves most of Superior's workforce (over 200 employees) and aims to expand California Freight's capacity and market presence in raw milk and dairy product logistics while facilitating a founder succession for the Amaral family.
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October 10, 2024
- Buyer
- Pronoss, LLC, CTPN Operating, LLC
- Target
- City Trailer Inc.
- Seller
- Richard Walker, Jim Crofford
- Industry
- Trucking & Fleet
- Location
- Oklahoma, United States
- Type
- Buyout
Pronoss, LLC, an Oklahoma City-based specialty vehicle collision repair and remanufacturing provider, has acquired City Trailer Inc., a full-service truck and trailer sales, service, maintenance and distribution business based in Oklahoma City. The deal brings City Trailer's four-division, 45-acre operation into Pronoss's broader platform (CTPN Operating, LLC) to create a more fully integrated service offering for heavy vehicles and fleets; transaction terms were not disclosed.
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September 24, 2024
- Buyer
- Vehicle Management Solutions LLC, Mill Point Capital LLC
- Target
- All Area W&W Towing, Inc.
- Seller
- Early Walker
- Industry
- Trucking & Fleet
- Location
- Illinois, United States
- Type
- Addon
Vehicle Management Solutions (VMS), a portfolio company of Mill Point Capital, has acquired All Area W&W Towing, a regional provider of municipal vehicle towing and recovery services based in Blue Island, Illinois. The add-on expands VMS' service footprint across the greater Chicago metro (including Harvey, Markham, Matteson and Sauk Village) and enhances its vehicle recovery, storage and traffic incident management capabilities.
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September 23, 2024
- Buyer
- EVO Transportation & Energy Services, WhiteHawk Capital Partners, Antara Capital
- Target
- West Side Transport
- Seller
- Don Vogt and West Side Transport shareholders
- Industry
- Trucking & Fleet
- Location
- Iowa, United States
- Type
- Addon
EVO Transportation & Energy Services has acquired West Side Transport, a Midwest-based truckload carrier and brokerage that operates 550 trucks, 2,300 trailers and about 700 employees, to diversify EVO's customer mix beyond the U.S. Postal Service and increase density in the Midwest. The deal was financed with debt and equity from WhiteHawk Capital Partners and Antara Capital; Don Vogt will serve as a board adviser and West Side COO Ron Joseph has been promoted to president of the West Side division. Terms were not disclosed.
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July 22, 2024
- Buyer
- Kriete Truck Centers
- Target
- La Crosse Truck Center
- Industry
- Trucking & Fleet
- Location
- Wisconsin, United States
- Type
- Buyout
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.
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- Buyer
- Premier Truck Group, Penske Automotive Group
- Target
- River States Truck and Trailer, Inc.
- Industry
- Trucking & Fleet
- Location
- Wisconsin, United States
- Type
- Buyout
Premier Truck Group, a Penske Automotive Group company, acquired River States Truck and Trailer, Inc., a La Crosse, Wisconsin-based commercial truck dealership and repair business. The deal adds five facilities across western Wisconsin and eastern Minnesota, expands Premier's footprint into new markets, and is expected to contribute roughly $200 million of estimated annualized revenue.
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- Buyer
- Golden Triangle Ventures
- Target
- Cargo Management Group
- Industry
- Trucking & Fleet
- Location
- Florida, United States
- Type
- Addon
Las Vegas-based Golden Triangle Ventures (GTVH) will acquire Cargo Management Group of Miami to expand its trucking, brokerage and last-mile logistics capabilities and support operations for its wholly owned subsidiary Lavish Entertainment. The deal (terms undisclosed) brings a specialized freight provider with gaming-industry contracts and roughly $3 million of 2023 revenue into GTVH's logistics division as an add-on.
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March 21, 2024
- Buyer
- Trimac Transportation
- Target
- Feldspar Trucking Co.
- Industry
- Trucking & Fleet
- Location
- North Carolina, United States
- Type
- Buyout
Canada-based Trimac Transportation has acquired Feldspar Trucking Co., a Spruce Pine, North Carolina bulk-transport specialist. The deal expands Trimac’s U.S. footprint and strengthens its ability to service North Carolina’s mining and ceramics/glass industries; Feldspar’s roughly 60 drivers and remaining staff will be retained by Trimac.
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March 11, 2024
- Buyer
- TFI International Inc.
- Target
- Hercules Forwarding, Inc.
- Seller
- Family owners (previously family-owned; specific seller not disclosed)
- Industry
- Trucking & Fleet
- Location
- California, United States
- Type
- Addon
TFI International has acquired Hercules Forwarding, a family-owned Less-Than-Truckload (LTL) carrier that operates a 31-terminal network across the U.S. and Canada. The bolt-on deal strengthens TFI's U.S. LTL footprint and cross-border capabilities by adding Hercules' fleet, terminals and expertise in US–Canada shipments.
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- Buyer
- Valley Equipment Ltd
- Target
- Utility Trailers of New England, LLC
- Seller
- Jon Comeford
- Industry
- Trucking & Fleet
- Location
- New Hampshire, United States
- Type
- Buyout
Valley Equipment Ltd, a long-standing Canadian Utility dealer, has acquired Utility Trailers of New England, LLC, adding two locations in Seabrook, New Hampshire and North Oxford (Boston), Massachusetts to its network. The acquisition expands Valley Equipment's dealer and service footprint into the Northeastern United States and strengthens support for Utility Trailer and Cargobull North America products in the region.
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December 11, 2023
- Buyer
- Boxwheel Trailer Leasing, Crosstimbers Capital Group
- Target
- Twin Bridges Enterprises
- Seller
- Twin Bridges Enterprises
- Industry
- Trucking & Fleet
- Location
- Michigan, United States
- Type
- Addon
Boxwheel Trailer Leasing, a Denver-based trailer rental and leasing operator backed by Crosstimbers Capital Group, acquired the assets of Detroit-area Twin Bridges Enterprises. The asset purchase expands Boxwheel’s geographic coverage in the Detroit market as part of its ongoing acquisitive growth strategy supported by Crosstimbers and lenders.
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November 17, 2023
- Buyer
- AGI International, Inc.
- Target
- American Material Services, Inc.
- Industry
- Trucking & Fleet
- Location
- Georgia, United States
- Type
- Buyout
AGI International, Inc. acquired American Material Services, Inc., a Macon, Georgia-based provider of dry-bulk and liquid-bulk transportation services. The transaction closed on November 17, 2023 and gives AGI a stronger presence in the Georgia and North Florida markets while expanding its transportation and supply chain capabilities.
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- Buyer
- Atlantic Utility Trailer Sales, Inc.
- Target
- Utility Trailer Sales of New Jersey, Inc.
- Seller
- Dwyer family, Utility Trailer Sales of New Jersey, Inc.
- Industry
- Trucking & Fleet
- Location
- New Jersey, United States
- Type
- Buyout
Atlantic Utility Trailer Sales, Inc. has acquired Utility Trailer Sales of New Jersey, Inc., adding the North Brunswick operations to Atlantic's Thorofare-based dealership. The deal expands Atlantic's coverage into North Jersey, Metro New York and Long Island; Tom Barton (CEO) and Spencer Kiernan (CFO/COO) will continue to lead the combined business and the Dwyer family (previous owners) will join the new Atlantic Utility Trailer Sales, Inc.
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- Buyer
- K. Neal Truck and Bus Center
- Target
- Powell's Truck & Equipment, Inc.
- Seller
- Reggie Powell, Steve Powell
- Industry
- Trucking & Fleet
- Location
- Virginia, United States
- Type
- Buyout
K. Neal Truck and Bus Center, a family-owned multi-location commercial truck and bus dealership, has acquired Powell's Truck & Equipment, Inc. of Lynchburg, Virginia from Reggie and Steve Powell. The acquisition adds Powell's single-location dealership and rental/leasing division to K. Neal's footprint across the Washington, D.C., Maryland and Virginia markets, expanding service, parts and sales capabilities for medium- and heavy-duty commercial fleets.
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October 2, 2023
- Buyer
- FST Logistics
- Target
- Hyway Trucking
- Industry
- Trucking & Fleet
- Location
- Ohio, United States
- Type
- Buyout
FST Logistics, a 100% employee-owned third-party logistics provider based in Dublin, Ohio, has acquired Hyway Trucking, an asset-based transportation company headquartered in Findlay, Ohio. The acquisition expands FST's truckload capabilities and Ohio footprint, enabling cost savings, operational efficiencies, and a broader service offering for its customers.
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September 28, 2023
- Buyer
- Warehouse Services Inc. (WSI)
- Target
- Sky Trans Group Holdings, LLC (Sky Transportation Services)
- Industry
- Trucking & Fleet
- Location
- Texas, United States
- Type
- Buyout
Privately held 3PL Warehouse Services Inc. (WSI) has acquired El Paso-based Sky Trans Group Holdings, LLC (Sky Transportation Services), a regional truckload carrier focused on dry‑van and US–Mexico cross‑border freight. The deal is expected to add over $60 million in annual revenue to WSI and expand its cross‑border and Southwestern U.S. trucking capabilities, with Sky's CEO Albert Luna remaining in a leadership role.
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August 29, 2023
- Buyer
- FleetPride, Inc.
- Target
- Knowles On Site Repair, Inc.
- Industry
- Trucking & Fleet
- Location
- Alabama, United States
- Type
- Buyout
FleetPride, the nation’s largest distributor of heavy-duty truck and trailer parts and services, acquired the assets of Knowles On Site Repair, Inc. The deal expands FleetPride’s mobile repair capabilities and strengthens its presence in the Florida Panhandle and Mobile, Alabama, adding a team of more than 30 technicians to FleetPride’s service network.
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- Buyer
- Henry's Wrecker Service, Full Guard Capital
- Target
- Road Runner Wrecker Service
- Industry
- Trucking & Fleet
- Location
- Virginia, United States
- Type
- Addon
Full Guard Capital-backed Henry's Wrecker Service has partnered with Road Runner Wrecker Service, bringing the Leesburg, Virginia towing and hauling provider into Henry's platform as a sister company. The deal strengthens Henry's presence in the Mid-Atlantic, creates operational synergies across municipal and commercial towing contracts, and supports further add-on acquisition growth under Full Guard Capital.
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August 15, 2023
- Buyer
- FleetPride, Inc.
- Target
- Integrity Fleet Services
- Seller
- Glen Grader (owner of Integrity Fleet Services)
- Industry
- Trucking & Fleet
- Location
- Washington, United States
- Type
- Buyout
FleetPride, the nation’s largest distributor of truck and trailer parts and services, has acquired the assets of Integrity Fleet Services, a fleet maintenance and repair provider based in Pacific, Washington. The deal adds a Pacific service center and mobile maintenance trucks to FleetPride’s network, strengthening its service capabilities and local footprint for commercial fleet customers. Glen Grader, owner of Integrity Fleet Services, will transition the business into FleetPride.
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August 14, 2023
- Buyer
- Merx Truck & Trailer
- Target
- Majestic Truck Services
- Industry
- Trucking & Fleet
- Location
- Iowa, United States
- Type
- Buyout
Merx Truck & Trailer has acquired Majestic Truck Services, a long-established truck collision and repair provider based in Altoona, Iowa. The deal expands Merx's multi-site presence in the Des Moines market and adds Majestic's 53,000 sq. ft. repair facility and capabilities to Merx's Midwest service network; terms were not disclosed.
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- Buyer
- RWC International (RWC Group)
- Target
- Kyrish Truck Centers
- Seller
- Kyrish Truck Centers
- Industry
- Trucking & Fleet
- Location
- Texas, United States
- Type
- Divestiture
RWC International (RWC Group) has agreed to acquire selected assets, related real estate and the school bus sales and full-service leasing operations of Kyrish Truck Centers, a Texas-based commercial truck dealer operating 19 locations. The transaction, a sale of assets by the Kyrish family, strengthens RWC's footprint in Texas and adds dealership, leasing and school-bus capabilities to its multi-state dealer group; a tentative closing date was set for Dec. 31.
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June 6, 2023
- Buyer
- FleetPride, Inc.
- Target
- RPM Truck Repair
- Seller
- Shawn Fitzjarrald, Donna Fitzjarrald
- Industry
- Trucking & Fleet
- Location
- Illinois, United States
- Type
- Addon
FleetPride, Inc. has acquired the assets of RPM Truck Repair, a provider of truck maintenance and repair with locations in Effingham and Mount Vernon, Illinois. The deal expands FleetPride’s service footprint and capabilities in central and southern Illinois, integrating RPM’s technicians and locations into FleetPride’s national parts and service network.
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- Buyer
- Penske Automotive Group, Premier Truck Group
- Target
- Transolutions Truck Centres (TSTC)
- Industry
- Trucking & Fleet
- Location
- Manitoba, Canada
- Type
- Buyout
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).
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- Buyer
- Norvestor Advisory
- Target
- Colmec Holding AB
- Seller
- Eckerström family
- Industry
- Trucking & Fleet
- Location
- Sweden
- Type
- Buyout
A fund advised by Norvestor Advisory has signed an agreement to acquire a majority stake in Colmec Holding AB, a leading provider of sustainable tire solutions for commercial vehicle fleets across the Nordics and Poland. The Eckerström family will remain a minority shareholder alongside management; Norvestor plans to accelerate growth organically and via acquisitions while driving digitalization and further investing in environmentally friendly offerings.
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May 19, 2023
- Buyer
- Online Transport, Inc.
- Target
- Mustang Express, LTD
- Seller
- Mustang Express, LTD
- Industry
- Trucking & Fleet
- Location
- Texas, United States
- Type
- Buyout
Online Transport, Inc. has acquired Mustang Express, LTD, an asset-based over-the-road trucking and 3PL provider based in El Paso, Texas. The deal — advised on the sell-side by Kreshmore Group — expands Online's geographic coverage and routings with Mustang's fleet and over 60 drivers, and closed May 19, 2023.
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- Buyer
- Merx Truck & Trailer
- Target
- North Texas Fleet Services
- Industry
- Trucking & Fleet
- Location
- Texas, United States
- Type
- Addon
Merx Truck & Trailer has acquired North Texas Fleet Services, a Garland, Texas-based fleet maintenance and repair provider, expanding Merx's geographic footprint into Texas. Terms were not disclosed; Roadmap Advisors served as financial advisor and McCarthy Duffy LLP acted as legal advisor.
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Frequently Asked Questions
What types of buyers are active in trucking & fleet deals?
Both strategic operators and financial sponsors are active. Recurring buyers include private-equity and sponsor investors as well as industry operators and dealer groups (examples: Tailwind Capital, Avkha Equity Holdings, Equity Group Investments, and strategic acquirers like Voyager Trucking Corporation).
Which subsectors within trucking and fleet attract the most deals?
Recent activity shows interest in vehicle upfitters and dealers, towing and roadside-recovery platforms, regional and specialized carriers (including chemical/tank carriers), auto transport management, and mobile fleet maintenance providers.
Do sellers typically stay involved after a sale?
Many transactions report retention of management or the target brand. Examples include founders retaining stakes at Vital Truck & Van, preservation of the Dart brand, and leadership continuity at Vision Transport and CIT Trucks.
Where are these transactions taking place geographically?
Deals are concentrated across U.S. states rather than a single region, with recent events in Illinois, Virginia, Arkansas, Minnesota, New Jersey, Texas, California, Florida and Ohio.