.
MergerLinks Header Logo

New Deal


Announced

Ridgemont Equity-backed Dickinson Fleet Services to acquire Interstate Truck Center.

Financials

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

Tags

Edit

Private Equity

Single Bidder

Acquisition

Majority

Private

United States

trucks

Domestic

Friendly

Pending

Trucking

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US