Smith Hulsey & Busey recently represented Nextran Truck Centers, a full-service commercial truck dealership network and the top-selling Mack Trucks dealer network in North America, in all aspects of its acquisition of Kansas City-based Westfall GMC Truck, Inc. and Westfall-O’Dell of Colorado, Inc. The acquisition of Westfall-O’Dell expanded Nextran’s footprint from 18 locations across the Southeast to 25 locations across Florida, Georgia, Alabama, Missouri, Colorado, Kansas and Wyoming.
The transaction, which closed on August 3, is one of the largest Volvo Trucks or Mack Trucks dealer acquisitions in the last five years.
“We’re proud to be a part of this major acquisition by our long-time client, Nextran, which will substantially increase the size of its footprint across the country,” said Dick Lewis, Managing Partner at Smith Hulsey & Busey. “It took a collaborative effort by our attorneys to manage all the moving parts of this deal and make it as smooth and successful as possible.”
The high-value acquisition involved a number of Smith Hulsey attorneys across several practice areas, including the Corporate M&A, Real Estate, Environmental, and Labor & Employment teams.
“Five years ago, we outlined an ambitious strategic plan that focused heavily on expanding our footprint and facilities, while also investing heavily into our employees, OEM partners and customers. The acquisition of Westfall-O’Dell demonstrates our steadfast commitment toward that goal,” said Jon W. Pritchett, President and CEO of Nextran Truck Centers. “I admire the fact that over the last 70 years, Westfall-O’Dell has built a first-class organization. Their company values, including an incredible focus on treating their employees and customers like family, are in direct alignment with Nextran’s core principles. We are tremendously excited for this new chapter and look forward to working with Westfall-O’Dell to ensure a successful integration of our teams.”
With the completion of this transaction, Nextran will employ over 1,200 team members and anticipates sales of over 4,500 new and used commercial trucks annually.
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