Tracked deals
9
9 tracked deals across 2006-2026.
Private Equity Firm
Transportation & Logistics
TRP Capital Partners
Birmingham, Michigan, United States
TRP Capital Partners (TRP) is a private equity fund that invests in growth-oriented businesses in the transportation sector, typically partnering with existing management teams and leveraging transportation expertise and strategic relationships, including Penske Corporation and its subsidiaries.
- Focus Areas
- Transportation sector private equity, Transportation aftermarket and vehicle services, Fleet, rental, and transportation services
- Website
- www.trpfund.com
Recent pace
1
1 tracked deal announced in the last 12 months.
Deal mix
Growth capital
3 growth capital · 2 addon · 2 buyout
TRP Capital Partners Acquisition Volume by Year
Last 6 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
- Buyer
- TRP Capital Partners
- Target
- Velocity Restorations
- Industry
- IT Services
- Location
- Florida, United States
- Type
- Growth capital
TRP Capital Partners made a growth capital investment in multi-location automotive repair platform Velocity Restorations. FOCUS Investment Banking acted as the exclusive financial advisor, and the partnership is intended to support an aggressive growth strategy with multiple acquisitions planned for 2026 and beyond.
-
- Buyer
- Driving Force Collision, TRP Capital Partners
- Target
- Tom Masano Collision Center
- Seller
- Tom Masano Auto Group
- Industry
- Automotive
- Location
- Pennsylvania, United States
- Type
- Addon
Driving Force Collision, a TRP Capital‑backed MSO, has acquired the 50,000 sq ft Tom Masano Collision Center in Reading, Pennsylvania from Tom Masano Auto Group. Focus Advisors advised the seller; the deal expands Driving Force's OEM‑certified repair footprint in the Northeast and preserves the facility's manufacturer certifications and staff.
-
October 7, 2024
- Buyer
- Jax Kar Wash, TRP Capital Partners
- Target
- Clean View Auto Wash
- Seller
- Clean View Auto Wash owners (founder Frank Toma)
- Industry
- Automotive
- Location
- Michigan, United States
- Type
- Addon
Jax Kar Wash, Michigan’s largest car wash operator and a TRP Capital Partners-backed platform, has acquired Clean View Auto Wash, a five-location car wash operator based in Chesterfield, Michigan. The transaction serves as an add-on to Jax’s regional platform to expand its Michigan footprint and consolidate market share; Car Wash Advisory acted as exclusive sell-side advisor.
-
September 7, 2021
- Buyer
- TRP Capital
- Target
- Diversified Technologies International (DTI)
- Industry
- Automotive
- Location
- Michigan, United States
- Type
- Buyout
TRP Capital partnered with DTI co-founders Chris Wiegel and Kurt Saldana to acquire Diversified Technologies International (DTI) as a new platform investment for TRP V. DTI is an asset-light provider of supply chain and program management for tooling design and manufacturing serving automotive OEMs and Tier 1 suppliers; TRP expects to add value via customer growth and infrastructure support.
-
October 22, 2020
- Buyer
- Acamar Partners Acquisition Corp., Fidelity Management & Research Company LLC, KAR Global, McLarty Diversified Holdings, Rick Wagoner, TRP Capital Partners, Michael Bor
- Target
- CarLotz, Inc.
- Industry
- Automotive
- Location
- Virginia, United States
- Type
- Buyout
Acamar Partners Acquisition Corp. entered into a definitive business combination agreement to take CarLotz, Inc. public, supported by a $125 million PIPE led by Fidelity and strategic investors including KAR Global, McLarty Diversified Holdings, Rick Wagoner and TRP Capital Partners. The transaction will provide CarLotz with capital to fund nationwide hub expansion, technology investments and continued growth; closing was expected in Q4 2020.
-
June 17, 2020
- Buyer
- TRP Capital Partners
- Target
- Priority Waste
- Industry
- Environmental Services
- Location
- Michigan, United States
- Type
- Growth capital
TRP Capital Partners committed $30 million of equity to Priority Waste, a Clinton Township, Michigan-based waste hauling company, to support growth and platform expansion. In conjunction with the investment, Priority Waste closed three acquisitions to expand its environmental services footprint across Metro Detroit; the company employs over 60 people and operates multiple facilities including a transfer station.
-
- Buyer
- TRP Capital Partners, Waterfall Asset Management
- Target
- Flex Fleet Rental
- Industry
- Trucking & Fleet
- Location
- United States
- Type
- Growth capital
TRP Capital Partners and Waterfall Asset Management have made a strategic growth investment in Flex Fleet Rental to support the truck-rental company's long-term expansion and investments in tools and technology. The funding will back Flex Fleet's national fleet of light- and medium-duty trucks and support continued service and capability enhancements for commercial customers across the United States.
-
June 1, 2015
- Buyer
- TRP Capital Partners
- Target
- Endurance Dealer Services, LLC, Endurance Warranty Services, LLC
- Seller
- Paul Chernawsky, Jordan Batt
- Industry
- Insurance
- Location
- Illinois, United States
- Type
- Recapitalization
Affiliates of TRP Capital Partners have acquired a controlling interest in Endurance Dealer Services, LLC and Endurance Warranty Services, LLC (together, Endurance). The transaction is a recapitalization: founders Paul Chernawsky and Jordan Batt will retain significant ownership and continue to operate the business as the company pursues further growth; Colonnade Securities served as exclusive financial adviser to Endurance.
-
November 1, 2006
- Buyer
- Transportation Resource Partners, LP
- Target
- Smith System Driver Improvement Institute, Inc.
- Industry
- Transportation
- Location
- Texas, United States
- Type
- Recapitalization
Transportation Resource Partners (TRP) has recapitalized Smith System Driver Improvement Institute in partnership with Chairman David Boucher and CEO Anthony Douglas. Smith System, headquartered in Arlington, Texas, is a global leader in fleet driver safety training (the “Five Keys” program) and will work with TRP to pursue its next phase of growth while management continues to run day-to-day operations.
Related Acquisition Pages
Automotive Buyers & Acquisitions
4 tracked deals by TRP Capital Partners.
Environmental Services Buyers & Acquisitions
1 tracked deal by TRP Capital Partners.
IT Services Buyers & Acquisitions
1 tracked deal by TRP Capital Partners.
Insurance Buyers & Acquisitions
1 tracked deal by TRP Capital Partners.
Acquisitions in Michigan
3 tracked deals by TRP Capital Partners.
Acquisitions in Florida
1 tracked deal by TRP Capital Partners.
Acquisitions in Illinois
1 tracked deal by TRP Capital Partners.
Acquisitions in Pennsylvania
1 tracked deal by TRP Capital Partners.
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