HOUSTON--(BUSINESS WIRE)--Houston-based Leslie Doggett Industries through its Doggett Truck Group has acquired privately-held Truck Centers of Arkansas, giving Doggett distribution rights for all Freightliner and Western Star branded trucks and parts for most counties in the State of Arkansas with full service sales and leasing dealerships in Little Rock, Fayetteville and Van Buren. Doggett will operate these dealerships under the name Doggett Freightliner of Arkansas. Sources familiar with the transaction report the purchase price to be $103+ million. Doggett’s General Counsel, William Doggett, said, “the Doggett Truck Group, headed by Paul Burk, will bring a new intensity to the Arkansas dealerships. We have a long history of buying companies and dramatically improving morale, processes, and market share growth, all through a laser focus on customer service. This acquisition is particularly exciting for Doggett, because we know exactly how to improve these dealerships.”
- Category: News
Big things are big business for Leslie Doggett Industries, something the heavy equipment and semitrailer seller’s namesake founder sees getting — predictably — bigger.
“The way you grow is you have great growth in your stores,” Doggett said, noting that even as the number of Doggett-owned stores across the Southeast U.S. has increased, so have sales at all those shops.
Doggett, a familiar name to anyone who drives Interstate 45 regularly, rose one spot to No. 9 on the Chronicle 100 list of privately held companies, with $1.33 billion in revenue, a 16 percent increase from last year.
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