M&A Deal Summary

TruckPro Acquires TransAxle

On June 25, 2024, TruckPro acquired automotive company TransAxle

Acquisition Highlights
  • This is TruckPro’s 9th transaction in the Automotive sector.
  • This is TruckPro’s 1st transaction in Canada.
  • This is TruckPro’s 1st transaction in Ontario.

M&A Deal Summary

Date 2024-06-25
Target TransAxle
Sector Automotive
Buyer(s) TruckPro
Deal Type Add-on Acquisition

Target

TransAxle

Stoney Creek, Ontario, Canada
Transaxle provides a complete line of truck and trailer parts, including hydraulics and drivetrain components, and a comprehensive range of services, with advanced truck and trailer maintenance and repair and hydraulics installation and repair. TransAxle is based in Stoney Creek, Ontario.

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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 13 of 14
Sector (Automotive) 9 of 10
Type (Add-on Acquisition) 12 of 13
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 2
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-02 Advanced Distribution

Bakersfield, California, United States

Advanced Distribution is a provider of heavy-duty truck and trailer parts and fleet maintenance and repair services. Advanced Distribution was founded in 1989 and is based in Bakersfield, California.

Buy -