Add-on Acquisition • Automotive

Reading Truck Group Acquires Mastercraft Truck Equipment

On April 13, 2023, Reading Truck Group acquired automotive company Mastercraft Truck Equipment

Acquisition Context
  • This is Reading Truck Group’s 5th transaction in the Automotive sector.
  • This is Reading Truck Group’s 6th transaction in the United States.
  • This is Reading Truck Group’s 1st transaction in Colorado.

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M&A Deal Summary

Date April 13, 2023
Target Mastercraft Truck Equipment
Sector Automotive
Buyer(s) Reading Truck Group
Deal Type Add-on Acquisition

Target Company

Mastercraft Truck Equipment

Englewood, Colorado, United States
Mastercraft Truck Equipment is a commercial truck and van solutions company that has been providing up fitting and parts services to its work truck and van body customers for close to forty years. Mastercraft Truck Equipment was formed in 1983 and is based in Englewood, Colorado.
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Buyer Overview 1

Buyer

Reading Truck Group

Reading, Pennsylvania, United States

Category Company
Founded 2005
Sector Automotive
DESCRIPTION

Reading Truck Group is a designer, engineer, manufacturer, and marketer of service/utility truck bodies, as well as other vocational truck bodies and related truck equipment.


Deal Context for Buyer #
Overall 6 of 7
Sector: Automotive 5 of 6
Type: Add-on Acquisition 4 of 5
State: Colorado 1 of 1
Country: United States 6 of 7
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-24 Auto Safety House

Phoenix, Arizona, United States

Auto Safety House is a providers of parts and customized installation services in Arizona. The Phoenix-headquartered Company’s three facilities provide customized “Total Fleet Solutions” for bus and truck equipment service to the majority of Ford, GM, and RAM vehicle dealerships in the region. Auto Safety House, LLC was founded in 1941 and is headquartered in Phoenix, Arizona.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-06 General Truck Body

Houston, Texas, United States

General Truck Body is a manufacturer and upfitter of work truck bodies, equipment, and custom-engineered trucks with three locations in Texas and one in Kentucky. General Truck Body was founded in 1919 and is based in Houston, Texas.

Buy -