M&A Deal Summary

The TransForce Group Acquires American Driver Network

On February 15, 2019, The TransForce Group acquired internet software and services company American Driver Network

Acquisition Highlights
  • This is The TransForce Group’s 1st transaction in the Internet Software and Services sector.
  • This is The TransForce Group’s 1st transaction in the United States.
  • This is The TransForce Group’s 1st transaction in Iowa.

M&A Deal Summary
Date 2019-02-15
Target American Driver Network
Sector Internet Software and Services
Buyer(s) The TransForce Group
Deal Type Add-on Acquisition

Target

American Driver Network

Waterloo, Iowa, United States
American Driver Network is a provider of a driver-specific network of websites, job boards, job postings, and affiliate employment websites. American Driver Network is based in Waterloo, Iowa.

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Buyer(S) 1

Buyer

The TransForce Group

Alexandria, Virginia, United States
Category Company
Sector Diversified
DESCRIPTION

The TransForce Group serves the transportation and logistics industry with its three service lines, Education and Training Solutions, Recruiting and Employment Solutions, and Compliance and Safety Solutions.

DEAL STATS #
Overall 1 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Iowa) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-23 United States Truck Driving School

Wheat Ridge, Colorado, United States

United States Truck Driving School was founded by John Mauro, a former Indy 500 racecar driver, who founded the truck driving school in response to the rising demand for professional truck drivers. Today, USTDS operates two separate driver training centers in Colorado (Denver and Colorado Springs), utilizes a fleet of 40 modern tractor-trailer rigs, and employs approximately 40 full-time employees. United States Truck Driving School was formed in 1958 and is based in Wheat Ridge, Colorado.

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