The combination nearly doubles its collective business and forms a more diversified and scaled platform in the truck aftermarket space with the ability to source and offer a wider selection of products to customers, representatives from, the newly combined company said.
With increased scale and an expanded geographic footprint, the combined company will help its customers navigate a complex and challenged global supply chain, increasing available inventory and enabling faster delivery of products, the company said. In March of 2022, S&S Truck Parts was purchased by investment firm, Investcorp.
In the combined organization, DJ Hoffman will serve as chief executive officer. In the near term, the company expects operations to continue as currently structured.
“We are extremely excited to bring the S&S Truck and Midwest teams together, two companies with similar values and a commitment to superior customer service,” said DJ Hoffman, CEO of S&S Truck. “Our combination increases the breadth of our offerings for our customers, fortifies the depth of our workforce and trade partnerships, and ultimately accelerates our ability to grow and deliver a more thorough, modern and effective customer experience. We look forward to working closely with the Midwest team and together becoming an even stronger business as we continue serving our customers.”
“We are pleased to find a high-quality partner in S&S Truck and look forward to combining our capabilities, infrastructure and human capital to drive new growth in the business,” said Mark Chudacoff, CEO of Midwest. “I have long been an advocate for the promise of innovation and partnership, like that which has driven this merger forward. Our combination will deliver clear benefits for both companies’ customers and employees, and our commitment to sustaining and improving the communities in which we operate will remain steadfast.”