M&A Deal Summary

OTR Solutions Acquires TruckSmarter - Factoring and Banking Division

On November 18, 2025, OTR Solutions acquired financial services company TruckSmarter - Factoring and Banking Division from TruckSmarter

Acquisition Highlights
  • This is OTR Solutions’ 1st transaction in the Financial Services sector.
  • This is OTR Solutions’ 1st transaction in the United States.
  • This is OTR Solutions’ 1st transaction in California.

M&A Deal Summary

Date 2025-11-18
Target TruckSmarter - Factoring and Banking Division
Sector Financial Services
Buyer(s) OTR Solutions
Sellers(s) TruckSmarter
Deal Type Divestiture

Target

TruckSmarter - Factoring and Banking Division

San Francisco, California, United States
TruckSmarter's Factoring and Banking Division offered freight-factoring services and associated business banking solutions for carriers and owner-operators. TruckSmarter's Factoring and Banking Division is based in San Francisco, California.

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Buyer(S) 1

Buyer

OTR Solutions

Roswell, Georgia, United States

Category Company
Founded 2011
Sector Financial Services
DESCRIPTION

OTR Solutions provides technology and financial services, tools, and support to small and medium-sized trucking companies. The company offers a wide range of services for the trucking community, including financing and back-office solutions, a dedicated fuel team, news and education, and innovative technology to help carriers and brokers start and grow successful operations. OTR Solutions was founded in 2011 and is based in Roswell, Georgia.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(S) 1

SELLER

TruckSmarter

San Francisco, California, United States

Category Company
Founded 2021
Sector Internet Software and Services
DESCRIPTION

TruckSmarter is a company offering a digital platform for truck drivers, owner-operators and small carrier fleets, including a free load board, AI-powered dispatching and fuel-savings services. TruckSmarter was founded in 2021 and is based in San Francisco, California.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1