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Mergers & Acquisitions

Meritor Acquires TransPower

With the addition of TransPower's product portfolio, Meritor further establishes the value of its Blue Horizon brand, which represents the company's emerging platform of advanced technologies centered on electrification.

Work Truck's Top 10 Medium-Duty News in 2019

The Class 3 through Class 7 truck market has experienced huge growth in the past year. Record-setting sales, new facilities, and mergers and acquisitions all made the top medium-duty news of the year. 

Mission Critical Electronics Acquires Purkeys

Mission Critical Electronics (MCE) has acquired Purkeys Fleet Electric, a North American developer, manufacturer, and distributor of electric power solutions to truck fleets and more.

Amp Americas Sells Off CNG Stations

Amp Americas has closed a deal to sell 20 of its compressed natural gas fueling stations to American Natural Gas for $41 million, the company announced.

Bobit Business Media Sold to Gemspring Capital

Bobit Business Media has been acquired by Gemspring Capital, a middle-market private equity firm. Bobit, which bought HDT in 2012, was founded by Ed Bobit in 1961 with Automotive Fleet and today is a successful business-to-business media company in the fleet, transportation, beauty, and law enforcement industries.

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