Leeds Transit Inc.
Rush Truck Centres of Canada has acquired Leeds Transit Inc.
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Rush Truck Centres of Canada has acquired Leeds Transit Inc. MNP Corporate Finance Inc. acted as exclusive financial advisor to Leeds Transit Inc. in structuring and negotiating this transaction.
Transaction Brief
Founded in 1970 by Roy Backholm and currently led by Kelly Backholm, Leeds Transit Inc. has grown into the largest bus dealership group in Canada. Leeds Transit Inc. is a full-service commercial and school bus dealership group offering parts, sales, and service for IC Bus, Collins and Trans Tech, from three locations in Ontario and Quebec.
This acquisition supports Rush Truck Centres of Canada's strategic goal to expand their geographic dealership footprint in Ontario and further diversify their product portfolio in Canada.
Rush Truck Centres of Canada is part of Rush Enterprises, Inc., which operates the largest network of commercial vehicle dealerships in North America, with over 150 locations across 23 U.S. states and 15 dealerships plus six associate locations in Ontario, Canada.