About First Truck Centre
First Truck Centre is a company based in Abbotsford (Canada) founded in 1978 was acquired by Velocity Truck Centers in November 2023.. First Truck Centre offers products and services including New Trucks, Used Trucks, Trailers, School Bus, and Parts and Service. First Truck Centre operates in a competitive market with competitors including Hydra Energy, Trailer Wizards, GLOBOCAM, Girardin Blue Bird and TEAM Truck Centres, among others.
- Headquarter Abbotsford, Canada
-
Sectors
Transportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Vtc Canada Corp
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Acquired by
Velocity Truck Centers
(Nov 01, 2023)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of First Truck Centre
First Truck Centre offers a comprehensive portfolio of products and services, including New Trucks, Used Trucks, Trailers, School Bus, and Parts and Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Sales of new commercial trucks for business transport needs.
Pre-owned trucks for cost-effective fleet expansion.
New and used trailers for hauling goods.
Sales of buses for educational and transport services.
Supply and repair services for vehicle upkeep.
Loan options for purchasing trucks and equipment.
Funding Insights of First Truck Centre
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in First Truck Centre
First Truck Centre has secured backing from 1 investor. Prominent investors backing the company include Velocity Truck Centers. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Provides comprehensive solutions for commercial truck sales, parts, and service through dealerships.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by First Truck Centre
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - First Truck Centre
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
First Truck Centre Comparisons
Competitors of First Truck Centre
First Truck Centre operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hydra Energy, Trailer Wizards, GLOBOCAM, Girardin Blue Bird and TEAM Truck Centres, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial hydrogen-diesel trucks are retailed for business applications.
|
|
| domain | founded_year | HQ Location |
Commercial trailer rental, leasing, and dealership services are offered.
|
|
| domain | founded_year | HQ Location |
Provides sales, service, and financing for heavy trucks including Freightliner and Western Star.
|
|
| domain | founded_year | HQ Location |
Distributes new and used vehicles, provides parts and repair services for transport operators.
|
|
| domain | founded_year | HQ Location |
Retailer & dealership of heavy-duty commercial trucks
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on First Truck Centre
Frequently Asked Questions about First Truck Centre
When was First Truck Centre founded?
First Truck Centre was founded in 1978.
Where is First Truck Centre located?
First Truck Centre is headquartered in Abbotsford, Canada. It is registered at Abbotsford, British Columbia, Canada.
What does First Truck Centre do?
First Truck Centre was established in 1978 in Abbotsford, Canada, as a heavy-duty truck and bus dealership. Operations span Western Canada with multiple locations. New and used vehicles are sold, while body repair, parts, and maintenance services are offered. DTNA Elite support certification is maintained to ensure standards in the sector.
Who are the top competitors of First Truck Centre?
First Truck Centre's top competitors include Hydra Energy, Trailer Wizards and TEAM Truck Centres.
What products or services does First Truck Centre offer?
First Truck Centre offers New Trucks, Used Trucks, Trailers, School Bus, and 2 more products and services.
Who are First Truck Centre's investors?
First Truck Centre has 1 investor. Key investors include Velocity Truck Centers.