Equipment Rental & Dealers, Logistics & Transportation Services, Industrials | Mergers & Acquisitions

Vanguard Acquired by Stephens

  • TM Capital served as exclusive financial advisor to Vanguard Truck Centers in its sale to Arkansas-based Stephens Capital Partners
  • Vanguard is the largest Volvo / Mack multiregional Class 8 truck dealership platform in North America and a leading innovator in the dealer system
  • Through its network of dealership and service locations spanning major markets in five states, Vanguard offers new and used truck sales; aftermarket parts, service and repairs; leasing and rental; and financing and insurance products
  • The Company is a favored consolidator by AB Volvo, which values Vanguard’s operational expertise across multiple, non-contiguous markets and demonstrated success in acquiring and growing dealers
  • Stephens Capital Partners is the family office of Stephens, Inc., a privately held, independent financial services firm with over 25 offices worldwide

Client Testimonial

In our business, I preach commitment to our customers every day. TM Capital demonstrated the same relentless commitment to us that I expect of the Vanguard organization. For nearly a year we worked together to achieve a set of important objectives for our business and our family. And despite what proved to be a rapidly changing and challenging industry environment, we were able to engineer a superior outcome; one that provides our family with liquidity and our leadership team with an institutional partner focused on supporting us for the long term to exploit the many growth opportunities ahead for Vanguard, At our first meeting, they talked about a 'walk through the walls' approach to advising our business, and they more than lived up to that standard, For any entrepreneur-owned company seeking world-class advice, access and execution, I would recommend TM Capital without reservation.”
Tom Ewing, President and CEO, Vanguard Truck Centers