M&A Deal Summary

Fontaine Modification Co. Acquires ProBilt Services

On April 1, 2019, Fontaine Modification Co. acquired automotive company ProBilt Services

Acquisition Highlights
  • This is Fontaine Modification Co.’s 1st transaction in the Automotive sector.
  • This is Fontaine Modification Co.’s 1st transaction in the United States.
  • This is Fontaine Modification Co.’s 1st transaction in Texas.

M&A Deal Summary

Date 2019-04-01
Target ProBilt Services
Sector Automotive
Buyer(s) Fontaine Modification Co.
Deal Type Add-on Acquisition

Target

ProBilt Services

Denton, Texas, United States
ProBilt Services, Inc. is a provider of fleet in-service and truck rigging. ProBilt specialize in delivering new “ready-to-work” trucks. ProBilt Services, Inc. was founded in 2010 and is based in Denton, Texas.

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Buyer(S) 1

Buyer

Fontaine Modification Co.

Charlotte, North Carolina, United States

Category Company
Founded 1976
Sector Automotive
DESCRIPTION

Fontaine Modification Co. is a provider of post-production truck services for OEMs, dealers and fleets. Fontaine has modification centers across the U.S., including locations in Statesville, N.C.; Cleveland, N.C.; Dublin, Va.; Garland, Texas; Laredo, Texas; Springfield, Ohio; and Williamstown, W.V. Fontaine uses established ship-thru agreements with all major truck manufacturers to streamline the final delivery process to the end-user. Fontaine Modification Co. was founded in 1976 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1