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Surviving and thriving in the wake of a merger or acquisition requires communication, organization, and an keeping an open mind.
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Jim Dondlinger, president of the recently acquired Auto Truck Group, discusses the company’s change in ownership, integration of Fleet Body Equipment, the history of ATG, and changes in the industry over the years.
Read More →SAN FRANCISCO - UPS Logistics Technologies (UPS LT), a business unit of UPS, was recently acquired by Thoma Bravo LLC, a private equity investment firm, and renamed Roadnet Technologies Inc.
Read More →MT. LAUREL, NJ - ARI (Automotive Resources International) announced that it has acquired the assets of Auto Truck Group (ATG), headquartered in Bartlett, Ill. ATG, a work truck upfitter, will become Auto Truck Group LLC, a wholly-owned subsidiary of ARI.
Read More →DETROIT - According to General Motors, AmeriCredit stockholders approved the all-cash transaction valued at approximately $3.5 billion on Sept. 29. The company filed a Certificate of Merger with the Texas Secretary of State on Sept. 30, effective Oct. 1.
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TORRANCE, CA - Industry executives and government officials recently gathered to celebrate Landi Renzo S.p.A.'s acquisition of Baytech Corp. The event coincided with Landi Renzo's launch of a compressed natural gas (CNG) system that will be available on Ford E-Series vans in the first quarter of 2011.
Read More →PARIS and MANCHESTER, NH - As a result of this transaction, Merchants Leasing will acquire ALD's U.S. customer base and a fleet of about 3,300 vehicles. The transaction became effective Aug. 31.
Read More →SOUTH PORTLAND, ME - Wright Express Corporation has entered into a definitive share purchase agreement to acquire the Australian assets of Retail Decisions for approximately $318 million.
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With budget constraints encouraging more fleets to be creative with their cost-cutting strategies, fleets in many business sectors are experimenting with extended cycling. Read on to find out the advantages and disadvantages.
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More than 400 commercial fleet managers throughout the U.S. and Canada responded to NAFA’s 2009 Economic Survey. Results show that despite the economic downturn, fleets are making the best out of the worst situations.
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