Smith Hulsey & Busey’s Mergers & Acquisitions practice group has guided Nextran Truck Centers, a full-service commercial truck dealer, through its acquisition of prominent Midwestern Mack Trucks dealer Quincy Mack, Decatur Mack and H&L Mack.
The recently closed deal expands Nextran’s presence from 26 to 31 locations around the United States. The newly acquired locations are in Missouri, as well as Illinois and Iowa, where Nextran has not previously had a presence. The acquisition will strengthen Nextran’s industry-leading sales, parts, service and rental & leasing operations.
SHB negotiated the transaction and prepared all documents on Nextran’s behalf. The team included attorneys Samantha Roy and Catherine Gleason, who handled corporate matters; attorney David Roberts, who oversaw real estate activity; and attorney John Wallace, who assisted with environmental issues.
“This expansion into new territory will allow Nextran to serve a broader customer base,” said managing partner Dick Lewis , who led the team . “We’re honored to support our longtime client through this high-value transaction that positions it for even greater success moving forward.”
SHB has represented Nextran since the dealership network’s formation in 1993. With 31 locations, Nextran is now the top-selling Mack Truck dealer in the world.
SHB’s M&A team has decades of experience handling complex transactions, including joint ventures, private equity and venture capital investments, financings and strategic alliances. The firm has represented clients in numerous cross-border transactions, including acquisitions and investments in the United Kingdom, Europe, India, Canada and Mexico.
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