M&A Deal Summary

TruckPro Acquires Young’s Gear

On April 4, 2022, TruckPro acquired automotive company Young’s Gear

Acquisition Highlights
  • This is TruckPro’s 5th transaction in the Automotive sector.
  • This is TruckPro’s 9th transaction in the United States.
  • This is TruckPro’s 1st transaction in Arkansas.

M&A Deal Summary
Date 2022-04-04
Target Young’s Gear
Sector Automotive
Buyer(s) TruckPro
Deal Type Add-on Acquisition

Target

Young’s Gear

Fairbanks, Arkansas, United States
Young’s Gear specializes in manual transmission rebuilding, transmissions, transfer cases, custom U-bolts, drive shafts and so much more. Young’s Gear was formed in 1977 and is based in Fairbanks, Arkansas.

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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 9 of 14
Sector (Automotive) 5 of 10
Type (Add-on Acquisition) 8 of 13
State (Arkansas) 1 of 1
Country (United States) 9 of 13
Year (2022) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-20 Cornerstone Fleet Services

Oklahoma City, Oklahoma, United States

Cornerstone Fleet Services, Inc. is a provider of comprehensive fleet vehicle maintenance and repair services at its 6-bay facility, as well as on-site and emergency roadside service with its mobile fleet of service trucks.

Buy -
FOLLOWING 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 -
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