THE TRANSACTION
DTNA sold the business and assets of Tampa Truck Center to an affiliate of Bayshore. DPP assisted in the negotiations and acted as financial advisor to DTNA in this transaction.
Our Client
DAIMLER TRUCKS NORTH AMERICA
Daimler Trucks North America ("DTNA") headquartered in Portland, Oregon, is the leading medium and heavy-duty truck manufacturer in
North America. DTNA produces and markets Class 5-8 vehicles sold under the Freightliner®, Freightliner Custom Chassis, Sterling Trucks®, Thomas Built Buses® and Western Star Trucks® brands and is a holding of Daimler, the world's largest commercial vehicle manufacturer.
TAMPA TRUCK CENTER
Tampa Truck Center is a full-service, integrated retailer of premium Class 5-8 commercial vehicles manufactured by DTNA. The Company is authorized to sell and service Freightliner®, Sterling Trucks®, Western Star Trucks®, Condor, Freightliner Custom Chassis and Sprinter branded products.
Transaction Partner
BAYSHORE FORD TRUCK SALES, INC.
Bayshore Ford Truck Sales, Inc. (“Bayshore”) of New Castle, DE and Pennsville, NJ is a full service dealer of new and used cars, light trucks, heavy duty commercial tractors and dump trucks. Additionally, Bayshore provides daily rental and leasing of any make car or truck and provides body shop services.
CONTACT
Automotive & Truck