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
- SectorsTransportation, Automotive & Logistics
- Website tstruck.ca
- Acquired by Penske Automotive (Jun 2023)
- Investors
- Acquired byPenske Automotive
(Jun 2023)
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial vehicles and parts are dealt by Penske Automotive. | 1990 | penskeautomotive.com | Bloomfield Hills, United States |
Investor details for Transolutions Truck Centres
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People of Transolutions Truck Centres
2 people are tracked at Transolutions Truck Centres (2 in leadership).
| Name | Role | Group |
|---|---|---|
Ken Talbot | Owner | Leadership |
Rich Shearing | CEO | Leadership |
Complete people profiles for Transolutions Truck Centres
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Timeline of Transolutions Truck Centres
2 dated milestones of Transolutions Truck Centres across 32 years, from founding to its latest funding, stage changes and deals.
- Founded Transolutions Truck Centres is founded.
- Exit Acquired by Penske Automotive.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hydraenergy.com | 2012 | Delta, Canada | $12.41M | – | Commercial hydrogen-diesel trucks are retailed for business applications. | |
| globocam.ca | 1994 | Pointe-claire, Canada | – | – | Provides sales, service, and financing for heavy trucks including Freightliner and Western Star. | |
| mabo.ca | 2000 | – | – | – | Dealer of trucks and offers parts and services | |
| trailerwizards.com | 1963 | Mississauga, Canada | – | – | Commercial trailer rental, leasing, and dealership services are offered. | |
| firsttruck.ca | 1978 | Abbotsford, Canada | – | – | Provider of truck and bus dealership for new and used trucks and buses, body repair, parts and service | |
| rushtruckcentres.ca | 1973 | Mississauga, Canada | – | – | Commercial truck and trailer sales, service, parts, leasing in Ontario. |
Detailed competitors of Transolutions Truck Centres
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Latest news on Transolutions Truck Centres
Complete news archive for Transolutions Truck Centres
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Similar companies to Transolutions Truck Centres
10 companies that operate in the same segment as Transolutions Truck Centres (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Pre-owned vehicles are sold online with financing and valuation services. | 2012 | Phoenix, Arizona, United States | USD 460 M | USD 20.32 B | 17,400 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 716.48 M | USD 446.48 M | 3,992 | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | Lerma De Villada, Estado De Mexico, Mexico | USD 1.98 B | – | 2,500 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Second-hand cars are listed online to connect buyers and sellers. | 2003 | Mumbai, Maharashtra, India | USD 5.89 M | USD 5.28 M | 451 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,000 | |
Retailer of new automobiles, used vehicles, and related automotive news | 2008 | Jaipur, Rajasthan, India | USD 60 M | USD 289.58 M | 721 |
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Frequently Asked Questions about Transolutions Truck Centres
Transolutions Truck Centres was founded in 1991.
Transolutions Truck Centres is headquartered in Winnipeg, Canada. It is registered at Winnipeg, Manitoba, Canada.
Rich Shearing is the current CEO of Transolutions Truck Centres.
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.
Transolutions Truck Centres's top competitors include Hydra Energy, Trailer Wizards and First Truck Centre.
Transolutions Truck Centres has 1 investor. Key investors include Penske Automotive.
Yes. Transolutions Truck Centres was acquired by Penske Automotive in June 2023.