About Transolutions Truck Centres
Transolutions Truck Centres is a company based in Winnipeg (Canada) founded in 1991 was acquired by Penske Automotive in June 2023.. Transolutions Truck Centres operates in a competitive market with competitors including Hydra Energy, GLOBOCAM, Mabo, Trailer Wizards and First Truck Centre, among others.
- Headquarter Winnipeg, Canada
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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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
Penske Automotive
(Jun 05, 2023)
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Funding Insights of Transolutions Truck Centres
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Transolutions Truck Centres
Transolutions Truck Centres has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Penske Automotive. 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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Commercial vehicles and parts are dealt by Penske Automotive.
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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 Transolutions Truck Centres
| 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 - Transolutions Truck Centres
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Transolutions Truck Centres Comparisons
Competitors of Transolutions Truck Centres
Transolutions Truck Centres 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, Mabo, Trailer Wizards and First Truck Centre, 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 |
Dealer of trucks and offers parts and services
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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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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Transolutions Truck Centres
Frequently Asked Questions about Transolutions Truck Centres
When was Transolutions Truck Centres founded?
Transolutions Truck Centres was founded in 1991.
Where is Transolutions Truck Centres located?
Transolutions Truck Centres is headquartered in Winnipeg, Canada. It is registered at Winnipeg, Manitoba, Canada.
Who is the current CEO of Transolutions Truck Centres?
Rich Shearing is the current CEO of Transolutions Truck Centres.
What does Transolutions Truck Centres do?
Transolutions Truck Centres was founded in 1991 in Winnipeg, Canada, within the commercial vehicle sector. Dealership operations are conducted for both new and used trucks, including sales and related services. The business is managed from its Canadian base, with ownership held by Ken Talbot and leadership provided by CEO Rich Shearing. Focus remains on truck centre activities across the region.
Who are the top competitors of Transolutions Truck Centres?
Transolutions Truck Centres's top competitors include Hydra Energy, Trailer Wizards and First Truck Centre.
Who are Transolutions Truck Centres's investors?
Transolutions Truck Centres has 1 investor. Key investors include Penske Automotive.
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