SDR Ventures Advises Mobile Fleet Service of Spokane in its Recent Sale
DENVER – April 2015 – SDR Ventures, a Denver-based investment bank, is pleased to announce that Mobile Fleet Service of Spokane (“Mobile Fleet Service”) has been acquired by Utility Trailer Sales of Idaho, Inc. (“Utility Trailer Sales of Idaho”). SDR Ventures served as the exclusive sell-side advisor to Mobile Fleet Service throughout the transaction process.
Mobile Fleet Service is an authorized Carrier dealer for Eastern Washington and Northern Idaho. Serving Spokane for over 35 years, Mobile Fleet Service has been a committed dealer of choice for service, parts and sales.
“We want to thank SDR Ventures for its expertise and dedication in making this sale possible,” said Gene Ressa, owner of Mobile Fleet Service. “Our sale to Utility Trailer Sales of Idaho helped position the Mobile Fleet Service employees, customers and stakeholders for continued success. SDR’s experience with captive dealers placed them as experts throughout all phases of the transaction and the SDR team’s client-centric focus ensured that our interests were paramount and protected from start through close. We could not have completed this transaction without SDR.”
Andy Limes, principal and founding partner of SDR Ventures, stated, “We were excited to be involved in another acquisition between two authorized Carrier dealers. We’re seeing a lot of opportunity right now for Carrier dealers looking to expand through M&A. This sale was a great pairing for both parties, and we are thankful to have been involved in the transaction.”