About Velocity Truck Centers
Velocity Truck Centers is a company based in Decatur (United States) founded in 1998. It operates as a B2B. Velocity Truck Centers has completed 5 acquisitions, including Central California Truck & Trailer Sales, First Truck Centre and Kentucky Freightliner Trucks. Velocity Truck Centers operates in a competitive market with competitors including Penske Automotive, Storyteller Overland, Premier Truck, Heritage Tractor and The Larson Group, among others.
- Headquarter Decatur, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Velocity Truck Centers
| 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 |
Investments & Acquisitions by Velocity Truck Centers
Velocity Truck Centers has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Central California Truck & Trailer Sales, First Truck Centre and Kentucky Freightliner Trucks. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Used trucks and trailers are sold via online dealership services.
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2009 | ||||
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New and used Freightliner trucks are dealt in Lexington.
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1984 | ||||
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Provider of trucks, offering sales, service, and parts for commercial trucking industry
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1979 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Velocity Truck Centers
| 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 |
Velocity Truck Centers Comparisons
Competitors of Velocity Truck Centers
Velocity Truck Centers 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 Penske Automotive, Storyteller Overland, Premier Truck, Heritage Tractor and The Larson Group, 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 vehicles and parts are dealt by Penske Automotive.
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| domain | founded_year | HQ Location |
Manufacturer of adventure vans
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| domain | founded_year | HQ Location |
New and used trucks are sold by Premier Truck.
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| domain | founded_year | HQ Location |
Sells and services John Deere tractors, mowers, and agricultural attachments.
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| domain | founded_year | HQ Location |
Provides comprehensive solutions for new and used semi-trucks, including financing and multiple locations.
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| domain | founded_year | HQ Location |
Offers sales, leasing, financing, rentals, and maintenance for semi-trailers.
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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 Velocity Truck Centers
Frequently Asked Questions about Velocity Truck Centers
When was Velocity Truck Centers founded?
Velocity Truck Centers was founded in 1998.
Where is Velocity Truck Centers located?
Velocity Truck Centers is headquartered in Decatur, United States.
What does Velocity Truck Centers do?
Velocity Truck Centers, established in 1998, excels in transportation and logistics, dealing with automotive parts, commercial vehicles, and sales and service. Provides comprehensive solutions for commercial truck sales, parts, and service through dealerships. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Who are the top competitors of Velocity Truck Centers?
Velocity Truck Centers's top competitors include Penske Automotive, Storyteller Overland and Truckworx.
How many acquisitions has Velocity Truck Centers made?
Velocity Truck Centers has made 5 acquisitions, including Central California Truck & Trailer Sales, First Truck Centre, and Kentucky Freightliner Trucks.