Coast Counties Truck & Equipment Company, operating as Coast Counties Peterbilt, has acquired Peterbilt Truck Parts & Equipment, expanding its Peterbilt dealership business into Northern Nevada.
The transaction represents Coast Counties Peterbilt’s first expansion beyond California and establishes a presence in the Reno market.
The acquired Reno operation will continue providing truck sales, parts, service and PacLease offerings while gaining access to Coast Counties Peterbilt’s broader resources and operating support.
Coast Counties said the transaction brings together two established Peterbilt organizations with a shared focus on commercial trucking customers and employees.
The acquired business was built by John Phillips and his team in Northern Nevada.
Coast Counties plans to retain and support the existing operation while using the acquisition as a foundation for serving a broader Western market.
Financial terms were not disclosed.
KEY QUOTES:
“John Phillips and his team have built a tremendous business in Northern Nevada, and we have a great deal of respect for what they have accomplished. We’re excited to bring our organizations together, support the great team already in place and build on the strong foundation they have created.
Our business ultimately comes down to keeping customers moving. This combination gives us another outstanding group of people and an important new market in which to deliver on that commitment.”
Mike Sorensen, President of Coast Counties Peterbilt