M&A Deal Summary

Ascend Leasing Acquires Fuchs Trucking

On November 7, 2022, Ascend Leasing acquired transportation company Fuchs Trucking

Acquisition Highlights
  • This is Ascend Leasing’s 3rd transaction in the Transportation sector.
  • This is Ascend Leasing’s 3rd transaction in the United States.
  • This is Ascend Leasing’s 1st transaction in Wisconsin.

M&A Deal Summary

Date 2022-11-07
Target Fuchs Trucking
Sector Transportation
Buyer(s) Ascend Leasing
Deal Type Add-on Acquisition

Target

Fuchs Trucking

Sauk City, Wisconsin, United States
Fuchs Trucking is focused on serving customers in the building materials and furniture sectors by offering dedicated capacity with specialized dry van configurations. Fuchs Trucking was formed in 1955 and is based in Sauk City, Wisconsin.

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Buyer(S) 1

Buyer

Ascend Leasing

Nashville, Tennessee, United States

Category Company
Founded 1969
Sector Transportation
DESCRIPTION

Ascend Leasing is a provider of regional transportation and logistics solutions, specializing in truckload and warehousing and distribution services. Ascend Leasing was founded in 1969 and is based in Nashville, Tennessee.


DEAL STATS #
Overall 3 of 3
Sector (Transportation) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Wisconsin) 1 of 1
Country (United States) 3 of 3
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-25 Dedicated Transportation Solutions

Greenville, South Carolina, United States

Dedicated Transportation Solutions provide a high service level and cost-focused alternative to the manufacturer or shipper who operates a private fleet today. The company's niche is where others fear to tread - high touch movements, hazardous materials, flatbeds, fast perishable food items, and other complex movements. Dedicated Transportation Solutions was formed in Greenville, South Carolina.

Buy -