M&A Deal Summary |
|
|---|---|
| Date | 2018-11-06 |
| Target | CoreFleet Maintenance - Tire Services Division |
| Sector | Automotive |
| Buyer(s) | TRAC Intermodal |
| Sellers(s) | CoreFleet Maintenance |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1968 |
| Sector | Transportation |
| Employees | 540 |
TRAC Intermodal is a provider of short-term rentals through an extensive chassis pool network, long-term chassis leasing, and pool & fleet management through the utilization of its proprietary PoolStat® information management system. TRAC Intermodal was founded in 1968 and is based in Princeton, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Automotive) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Kentucky) | 2 of 2 |
| Country (United States) | 2 of 2 |
| Year (2018) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-10-25 |
TRAC Intermodal - Domestic Chassis Fleet
Princeton, New Jersey, United States TRAC Intermodal LLC - Domestic Chassis Fleet of approximately 72,000 53-foot domestic chassis and related customer and hosting contracts with major Class I railroads and intermodal shipping companies throughout the United States. |
Sell | - |
Headquartered in Florence, KY, Core Fleet Maintenance is a service provider for commercial fleets. The company provides maintenance solutions ranging from retread and new truck tires, trailer parts, and on-site services at terminals and customer facilities across the country.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Automotive) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Kentucky) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2018) | 1 of 1 |
