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New Deal


Announced

Completed

Platinum Equity completed its acquisition of TruckPro from Harvest Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

trailer parts

truck parts

Auto Parts

Private Equity

United States

Majority

Acquisition

Friendly

Private

Single Bidder

Synopsis

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Platinum Equity completed its acquisition of TruckPro, one of the US' largest independent distributors of heavy-duty truck and trailer parts, from Harvest Partners. Financial terms were not disclosed. “We have grown and built lasting relationships with our customers by offering quality products and services, expertise, available inventory and fast delivery. Platinum Equity shares our commitment to serving the transportation community with integrity and reliability, and is the right partner to help us achieve the next stage of growth and expansion,” TruckPro CEO Chuck Broadus.

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