RECENT RELEASESTruckPro, LLC
TruckPro was a leading independent distributor of heavy duty truck and trailer products. Through a network of more than 160 retail stores, service shops and distribution center locations in the U.S. and Canada, TruckPro distributed a full range of maintenance and repair products for heavy duty vehicles of substantially all makes and models. Core products include full drivetrain, power take-off, suspension, brakes, hydraulics and related products, as well as repair and rebuilding services.
Harvest Partners Investment
In November 2011, Harvest purchased TruckPro with an executive who became the CEO. To fund the acquisition Harvest arranged the debt financing, which included a senior credit facility and a term loan.
- Large, stable and fragmented market with limited switching
- Undermanaged business
- Back a proven executive
- Outstanding free cash flow profile