M&A Deal Summary

Reading Truck Group Acquires Semi Service

On August 12, 2021, Reading Truck Group acquired automotive company Semi Service

Acquisition Highlights
  • This is Reading Truck Group’s 4th transaction in the Automotive sector.
  • This is Reading Truck Group’s 4th transaction in the United States.
  • This is Reading Truck Group’s 1st transaction in Utah.

M&A Deal Summary

Date 2021-08-12
Target Semi Service
Sector Automotive
Buyer(s) Reading Truck Group
Deal Type Add-on Acquisition

Target

Semi Service

South Salt Lake, Utah, United States
Semi Service is a provider in trailer sales, commercial truck equipment, snow and ice control, and CNG conversions, serving eleven western states. Semi Service was founded in 1972 and is based in South Salt Lake, Utah.

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Buyer(S) 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 STATS #
Overall 4 of 7
Sector: Automotive M&A 4 of 6
Type: Add-on Acquisition M&A Deals 3 of 5
State: Utah M&A 1 of 1
Country: United States M&A 4 of 7
Year: 2021 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-17 Rayside Truck & Trailer

West Palm Beach, Florida, United States

Rayside Truck & Trailer is a well-established regional work truck body, equipment, accessory, and trailer upfitter and dealership. Rayside Truck & Trailer was founded in 1979 and is based in West Palm Beach, Florida.

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FOLLOWING 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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