M&A Deal Summary

Union Leasing Acquires Express 4 x 4 Truck

On December 6, 2013, Union Leasing acquired business services company Express 4 x 4 Truck from Express Car & Truck Rental

Acquisition Highlights
  • This is Union Leasing’s 1st transaction in the Business Services sector.
  • This is Union Leasing’s 1st transaction in the United States.
  • This is Union Leasing’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2013-12-06
Target Express 4 x 4 Truck
Sector Business Services
Buyer(s) Union Leasing
Sellers(s) Express Car & Truck Rental
Deal Type Divestiture

Target

Express 4 x 4 Truck

Warminster, Pennsylvania, United States
Express 4x4 Truck provides outsources management and transportation to companies requiring full-size trucks to transport people, equipment and gear to work sites in remote areas.

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Buyer(S) 1

Buyer

Union Leasing

Schaumburg, Illinois, United States
Category Company
Founded 1955
Sector Business Services
DESCRIPTION

Union Leasing, Inc. provides flexible, vehicle lease financing and highly customized fleet management services to corporate, rental, and governmental customers nationwide.

DEAL STATS #
Overall 1 of 2
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 2
Year (2013) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-18 Walser Leasing

Edina, Minnesota, United States

Walser Leasing (Walser Financial Services) is a leasing and fleet management solutions company servicing commercial fleets nationwide.

Buy -

Seller(S) 1

SELLER

Express Car & Truck Rental

Warminster, Pennsylvania, United States
Category Company
Sector Business Services
DESCRIPTION

Express is a leading provider of outsourced fleet management and transportation solutions for companies engaged in nationwide, large-scale projects in remote locations.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
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