M&A Deal Summary

TruckPro Acquires Drivelines NW

On September 6, 2022, TruckPro acquired automotive company Drivelines NW

Acquisition Highlights
  • This is TruckPro’s 7th transaction in the Automotive sector.
  • This is TruckPro’s 11th transaction in the United States.
  • This is TruckPro’s 1st transaction in Washington.

M&A Deal Summary
Date 2022-09-06
Target Drivelines NW
Sector Automotive
Buyer(s) TruckPro
Deal Type Add-on Acquisition
Advisor(s) Generational Equity LLC (Financial)

Target

Drivelines NW

Everett, Washington, United States
Drivelines NW is a driveline repair, fabrication, and parts provider in Washington state with three locations in Seattle, Fife, and Everett. Drivelines NW was founded in 1973 and is based in Everett, Washington.

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Buyer(S) 1

Buyer

TruckPro

Cordova, Tennessee, United States
Category Company
Founded 1958
Sector Automotive
DESCRIPTION

TruckPro is an independent distributor of heavy-duty aftermarket truck parts and accessories in the U.S. TruckPro distributes a full range of products that cover maintenance and repair events for substantially all major OEMs of heavy-duty vehicles. TruckPro sells its products to over 35,000 customers in numerous end markets, including small, regional and national trucking companies; private fleets; waste services companies; construction companies; municipalities and independent repair shops. TruckPro, Inc. was founded in 1958 and is based in Memphis, Tennessee.

DEAL STATS #
Overall 11 of 14
Sector (Automotive) 7 of 10
Type (Add-on Acquisition) 10 of 13
State (Washington) 1 of 1
Country (United States) 11 of 13
Year (2022) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-20 Westfleet

Albuquerque, New Mexico, United States

Westfleet provides filtration, truck and trailer parts, shop equipment/supplies and brakes for the heavy-duty truck / OTR and off-road market. Westfleet was founded in 1946 and is based in Albuquerque, New Mexico.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-04 Plaza Fleet Parts

St. Louis, Missouri, United States

Plaza Fleet Parts specializes in supplying truck fleets with all of their chassis, drive-line, brake, and suspension parts. The company works with fleets to determine the repair parts that their trucks require and puts those parts in inventory to insure that they are available when needed. Plaza Fleet Parts is based in St. Louis, Missouri.

Buy -
Mergr

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