CargoGlide designs, manufactures, and sells sliding bed platforms, which allow users to access gear from their truck bed or cargo van.
The company will continue to operate under the Piedmont Truck Tire name with current president, Dan Rice, overseeing operations.
The agreement is closely aligned with KAR’s digital strategy, and will allow KAR to focus on its portfolio of digital marketplaces.
Both companies are leaders in the heavy-duty vehicle lifts segment and Nussbaum in the light-duty vehicle lifts segment.
Nationwide Truck Service offers a range of repair services from its 21-bay facility and mobile repair units in addition to 24/7 roadside support.
The acquisitions propel LRS to the fourth largest portable restroom company in North America.
Through this acquisition, Walter is expanding its safety and PPE product offering to industrial users complementing its metalworking products.
The company now adds additional transportation and container resources to its expanding fleet, feeding more recyclables to its ten material recovery facilities.
The acquisition expands the company’s network of Rush Truck Centers to 125 franchised dealership locations in 22 states.
APG partnered with financing sources Platinum Equity and Angelo Gordon to complete the transaction.
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