TruckPro, FleetPride and MAC Trailer top April M&A news

After a very busy February and March, each of which saw momentous acquisition announcements in the supplier segment, M&A activity slowed in the dealer, aftermarket and supplier segments in April .

National aftermarket chains were again busy, but few other deals were announced.

TruckPro was the first company to make the news this month. He announced the acquisition of Denali Drivelines, an Alaska-based service and rebuilding company. “This acquisition will strengthen our current operations and footprint in Alaska and provide customers with access to broader product offerings. We are excited about the decades of superior powertrain and transmission expertise their team brings to TruckPro and it is a privilege to welcome our new associates to the TruckPro family,” said TruckPro CEO Chuck Broadus. .

Fullbay followed on April 6, when it announced its recently completed acquisition of Dieselmatic Digital. the digital marketing agency focused exclusively on diesel repair shops. “Dieselmatic is a perfect fit for Fullbay and our customers,” said Patrick McKittrick, CEO of Fullbay. “Their existing brand equity combined with their demand-generating digital marketing services expands our reach and capabilities. Dieselmatic will generate more business in stores, while Fullbay will help stores run this business as efficiently as possible. »

The next milestone of the month came in the fleet management sector when Rand McNally purchased Fleetsu Pty Ltd. Fleetsu is a cloud-based data analytics fleet management solution provider that enables customers to manage their fleets more efficiently. Aaron Dannenbring, CEO of Rand McNally, said, “Fleetsu takes our existing expertise to the next level as we now offer the industry’s best connected fleet platform, which complements our already strong hardware, shipping, logistics and publishing. »

The only manufacturer to add capacity in April was MAC Trailer, which acquired Bullet Trailer and its Washington production facility. “This expansion is a critical step toward continued growth in the Western region,” said Bill McKenzie, president of sales, MAC Trailer Enterprises. “The Bullet will complement our already diverse dump trailer applications. We have added production facilities in Texas, Oklahoma, Oregon, Montana and now Washington to continually reduce transportation costs and effectively support our western dealers.

The latest acquisition of the month came from FleetPride, which hit 300 sites nationwide with its purchase of Murray’s Diesel Repair of Shreveport, Louisiana. “This is a momentous acquisition for FleetPride,” CEO Mike Duffy said. “Not only are we excited to welcome the entire Murray Diesel Repair team to our business, this acquisition also pushes FleetPride to more than 300 locations across the country. It’s only fitting that a strong, talented and dedicated team like Murray’s Diesel Repair is the one that helped us get there.”

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