Add-on Acquisition • Automotive

TruckPro Acquires Drivelines NW

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

Acquisition Context
  • 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.

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M&A Deal Summary

Date September 6, 2022
Target Drivelines NW
Sector Automotive
Buyer(s) TruckPro
Deal Type Add-on Acquisition
Advisor(s) Generational Group (Financial)

Target Company

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 Overview 1

Buyer

TruckPro

Cordova, Tennessee, United States

Category Company
Founded 1958
Sector Distribution
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 was founded in 1958 and is based in Memphis, Tennessee.


Deal Context for Buyer #
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 -