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New Deal


Announced

Gauge Capital acquired TVC Enterprises.

Financials

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Sources

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United States

Auto Services

Private Equity

driver services

Private

Acquisition

Synopsis

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Private equity firm Gauge Capital acquired TVC Enterprises, a leading provider of value-added services to commercial truck drivers across the United States. Financial terms were not disclosed. “Our recent partnership with Gauge Capital marks the beginning of a new, exciting chapter for our company. There is a large unaddressed segment of commercial drivers that can benefit from our services, and with the recent investment from Gauge we plan to accelerate our market penetration and continue to increase the additional services our program provides to commercial drivers” said Steve Hanebaum, CEO of TVC.

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