RECENT RELEASESTruckPro, LLC Acquires Palm Beach Spring Company
TruckPro Expands its Florida Footprint of Heavy Duty Truck & Trailer Parts, Service
MEMPHIS, TNSEPTEMBER 23, 2014
TruckPro, LLC (“TruckPro”), a leading distributor of heavy-duty truck and trailer products and advanced repair services, announced today it has completed the purchase of Palm Beach Spring Company (“PBSC”). Based in West Palm Beach, Florida and founded in 1956, PBSC is one of the industry’s leading independent distributors of heavy-duty truck and trailer products and advanced repair services. The acquisition expands TruckPro’s Florida footprint of retail and service shops to six locations, while strengthening the product and advanced service offerings in the region. The addition of PBSC to the TruckPro family adds to its network of more than 150 locations in the United States and Canada.
“I am excited about the future prospects as we bring our two high-performing businesses together. Palm Beach Spring is a well-recognized name in the market and its customers will benefit greatly from this merger with substantial service enhancements,” states Steve Riordan, Chairman and CEO of TruckPro, LLC.
PBSC’s Marc Gold will continue as store manager and will operate his business as he has in the past with all its associates. As part of this transaction, Marc will also have an ownership interest in TruckPro. “It’s remarkable how similar our two companies are in terms of culture, business philosophy and providing superior service to our valued customers”, explains Marc. “We both place a strong emphasis on associate and supplier relationships that translates into how we support our customers.” He adds, “Our customers will benefit from having access to broader product lines, additional inventory and a strong distribution network – supported by the same staff they’ve grown to depend on for several years. This is a very exciting time for us”.
About TruckPro, LLC
Founded in 1952, TruckPro, LLC is a leading distributor of heavy-duty truck & trailer products, and advanced repair services. Through a distribution network of more than 150 retail stores and advanced service shops, TruckPro delivers a comprehensive range of products to support commercial and government customer requirements in the areas of brake systems, electrical, engines, gear & drivetrain, and more. TruckPro is recognized for delivering measurable value and outstanding support to its customers and suppliers alike. Vast application expertise makes TruckPro an unbiased knowledge resource for product information, documentation and training. For more information on TruckPro please visit www.truckpro.com
Director of Marketing TruckPro, LLC