About P&R Truck Centre
P&R Truck Centre is a company based in Saanichton (Canada) founded in 1979 by Russ Mitcham and Pat McConnell was acquired by Velocity Truck Centers in December 2023.. P&R Truck Centre offers products and services including New Trucks, Used Trucks, Trailers, Parts, and Service. P&R Truck Centre operates in a competitive market with competitors including Hydra Energy, GLOBOCAM, Trailer Wizards, First Truck Centre and TEAM Truck Centres, among others.
- Headquarter Saanichton, Canada
- Founders Russ Mitcham, Pat McConnell
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Vtc Canada Corp
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Velocity Truck Centers
(Dec 18, 2023)
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Products & Services of P&R Truck Centre
P&R Truck Centre offers a comprehensive portfolio of products and services, including New Trucks, Used Trucks, Trailers, 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 transportation
Sales of pre-owned trucks for commercial use
Supply of new and used trailers for hauling
Provision of truck parts for maintenance and repairs
Offers collision and mobile field services for trucks
Funding Insights of P&R Truck Centre
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in P&R Truck Centre
P&R 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 |
|---|---|---|---|---|
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Provides comprehensive solutions for commercial truck sales, parts, and service through dealerships.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by P&R Truck Centre
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PR Truck Centre
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
P&R Truck Centre Comparisons
Competitors of P&R Truck Centre
P&R 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, GLOBOCAM, Trailer Wizards, First Truck Centre 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.
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| domain | founded_year | HQ Location |
Provides sales, service, and financing for heavy trucks including Freightliner and Western Star.
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| domain | founded_year | HQ Location |
Commercial trailer rental, leasing, and dealership services are offered.
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| domain | founded_year | HQ Location |
Provider of truck and bus dealership for new and used trucks and buses, body repair, parts and service
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| domain | founded_year | HQ Location |
Retailer & dealership of heavy-duty commercial trucks
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| domain | founded_year | HQ Location |
Dealer of trucks and offers parts and services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about P&R Truck Centre
When was P&R Truck Centre founded?
P&R Truck Centre was founded in 1979.
Where is P&R Truck Centre located?
P&R Truck Centre is headquartered in Saanichton, Canada. It is registered at Saanichton, British Columbia, Canada.
What does P&R Truck Centre do?
PR Truck Centre Ltd. was established in 1979 in Saanichton, British Columbia, Canada, as a dealership in the commercial trucking sector. Licensed representation is held for brands such as Western Star, Freightliner, Fuso, Doepker, and Trailking. Operations include the sale of trucks and trailers, along with service and parts support for industry needs. The focus remains on commercial vehicles within the North American market.
Who are the top competitors of P&R Truck Centre?
P&R Truck Centre's top competitors include Hydra Energy, Trailer Wizards and TEAM Truck Centres.
What products or services does P&R Truck Centre offer?
P&R Truck Centre offers New Trucks, Used Trucks, Trailers, Parts, and Service.
Who are P&R Truck Centre's investors?
P&R Truck Centre has 1 investor. Key investors include Velocity Truck Centers.