Announced
Financials
Tags
Private Equity
Single Bidder
Acquisition
Majority
Private
United States
trucks
Domestic
Friendly
Pending
Trucking
Synopsis
Ridgemont Equity-backed Dickinson Fleet Services, a fleet maintenance and management company, agreed to acquire Interstate Truck Center, a seller of new and used trucks. Financial terms were not disclosed. “Partnering with Dickinson provides us with a unique opportunity to more effectively deliver on our promise to customers of always having knowledgeable, professional technicians available to keep our customers’ fleets moving. Together, we will deliver industry-changing commitments to reduce downtime for our customers. The partnership of ITC and DFS is a natural fit and will create tremendous growth opportunities for all involved,” Scott Higgs, Interstate Truck Center President.
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