M&A Deal Summary

Merx Truck & Trailer Acquires Majestic Truck Services

On August 14, 2023, Merx Truck & Trailer acquired automotive company Majestic Truck Services

Acquisition Highlights
  • This is Merx Truck & Trailer’s 2nd transaction in the Automotive sector.
  • This is Merx Truck & Trailer’s 2nd transaction in the United States.
  • This is Merx Truck & Trailer’s 1st transaction in Iowa.

M&A Deal Summary
Date 2023-08-14
Target Majestic Truck Services
Sector Automotive
Buyer(s) Merx Truck & Trailer
Deal Type Add-on Acquisition

Target

Majestic Truck Services

Altoona, Iowa, United States
Majestic Truck Services is a full-service truck collision repair company. The combination of our truck body shop, truck paint shop, and truck frame shop allows us to handle all aspects of truck and trailer restoration. Majestic Truck Services was founded in 1979 and is based in Altoona, Iowa.

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Buyer(S) 1

Buyer

Merx Truck & Trailer

Melrose Park, Illinois, United States
Category Company
Founded 2014
Sector Automotive
DESCRIPTION

Merx Truck & Trailer is a provider of truck and trailer repair and maintenance services. Merx Truck & Trailer was founded in 2014 and is based in Melrose Park, Illinois.

DEAL STATS #
Overall 2 of 2
Sector (Automotive) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Iowa) 1 of 1
Country (United States) 2 of 2
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-16 North Texas Fleet Services

Garland, Texas, United States

North Texas Fleet Services provides high-quality truck and trailer maintenance and repair services. North Texas Fleet Services was founded in 2006 and is based in Garland, Texas.

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