By: Gene Bazemore
The heavy-duty trucking sector has benefited from sustained growth in the broader industrials market. In this quarterly update, the Founders’ Industrials team discusses these growth drivers, new vehicle build trends, and relative market share from key manufacturers.
As seen in the chart below, class 8 truck production is expected to reach all-time highs in the coming years due to continued strength in downstream end markets. The outlook for trucking companies as well as other ancillary industry participants continues to be bright.
This update also details the largest industrial transactions reported in the first half of 2018, as well as transaction trends for the industry. Click here to view our newest industrial update and stay current with the heavy-duty trucking sector.
Founders is a merger, acquisition, & strategic advisory firm serving middle-market companies. Founders’ focus is on oil and gas, SaaS/software, industrials, internet, healthcare, digital media and industrial technology companies located nationwide, as well as companies based in the Southeast across a variety of industries. Founders’ skilled professionals, proven expertise and process-based solutions help companies access growth capital, make acquisitions, and/or prepare for and execute liquidity events to achieve specific financial goals. In order to provide securities-related services discussed herein, certain principals of Founders are licensed with M & A Securities Group, Inc. or Founders M&A Advisory, LLC, both members of member FINRA & SiPC. M&A Securities Group and Founders are unaffiliated entities. Founders M&A Advisory is a wholly-owned subsidiary of Founders. For more information, please visit www.foundersib.com.