M&A Deal Summary

Thompson Distribution Acquires Goodpasture Motor

On January 25, 2023, Thompson Distribution acquired automotive company Goodpasture Motor

Acquisition Highlights
  • This is Thompson Distribution’s 2nd transaction in the Automotive sector.
  • This is Thompson Distribution’s 2nd transaction in the United States.
  • This is Thompson Distribution’s 1st transaction in Virginia.

M&A Deal Summary

Date 2023-01-25
Target Goodpasture Motor
Sector Automotive
Buyer(s) Thompson Distribution
Deal Type Add-on Acquisition

Target

Goodpasture Motor

Bristol, Virginia, United States
Goodpasture Motor is a truck manufacturers offers the most complete line of new and used trucks within a 150-mile radius. From Class 4 through Class 8 trucks, 16000# Gross Vehicle Weight Rating to 120000# Gross Combination Weight Rating. Goodpasture Motor was founded in 1919 and is based in Bristol, Virginia.

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Buyer(S) 1

Buyer

Thompson Distribution

Nashville, Tennessee, United States

Category Company
Sector Business Services
DESCRIPTION

Thompson Distribution invests in value-add dealership and distribution businesses with a view to long-term sustainable growth.


DEAL STATS #
Overall 2 of 2
Sector (Automotive) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Virginia) 1 of 1
Country (United States) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-16 Landmark Trucks

Knoxville, Tennessee, United States

Landmark Trucks is an authorized International dealership serving the Knoxville area with main locations in Knoxville, Morristown, and Cookeville. The Company offers new and pre-owned trucks, as well as leasing and rental opportunities and trailer sales. Landmark Trucks was founded in 1979 and is based in Knoxville, Tennessee.

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