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New Deal


Announced

Leslie Doggett to acquire certain dealerships from Freightliner Group.

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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Single Bidder

Acquisition

Majority

Friendly

United States

dealership

Auto Services

Domestic

Private

Pending

Synopsis

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Leslie Doggett, a Houston-based diversified heavy equipment dealer and distributor, agreed to acquire certain dealerships from Freightliner Group, a carrier of a wide variety of trucks and trailers. Financial terms were not disclosed. "Bringing Austin Freightliner into the company culture that has led to all our success will be a win-win for our customers and our team of dedicated folks. Doggett has historically doubled the number of technicians after acquisitions providing best-in-class training, processes, benefits and compensation packages. We plan to dramatically grow Austin Freightliner the same way," Paul Burk, Doggett Executive Vice President and General Manager.

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