Transaction
Share
Generational Group Advises Foster’s Truck & Trailer, Inc. in its Sale to The Service Company
By Generational Group
04/29/2025
Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Foster’s Truck & Trailer, Inc. to The Service Company. The acquisition closed March 10, 2025.
Located in Columbus, Ohio, Foster’s Truck & Trailer, Inc. is a reputable business specializing in maintenance and repair services for trucks and trailers.
Based in Covington, Ohio, The Service Company is a trusted provider of comprehensive truck and trailer repair, maintenance, and fleet services. Founded in 1978, the company operates multiple locations across Ohio, specializing in preventative maintenance, DOT inspections, and a full range of repair solutions to keep commercial vehicles operating efficiently. Committed to quality, reliability, and customer service, The Service Company serves fleet operators, owner-operators, and businesses of all sizes. By combining experienced technicians with state-of-the-art equipment, the company ensures fast, dependable service that minimizes downtime and maximizes vehicle performance.
Generational Group Executive Managing Director, M&A, Central Region – Michael Goss, and his team led by Generational Affiliate, Mark Long, with the support of Vice President, M&A, Madison Buckley, successfully closed the deal. Executive Managing Director, Ed Weber and Senior M&A Advisor and Group Leader, Peter Stone established the initial relationship with Foster’s Truck & Trailer, Inc.
Ryan Binkley, CEO of Generational Group, added, “This transaction is a great example of how the right partnership can create long-term value. We’re proud to have been part of this journey and look forward to seeing the continued success of both parties.”
COMPLIMENTARY EXIT STRATEGY CONFERENCE
How and When to Sell Your Business for Maximum Profit
This complimentary one-day conference provides essential knowledge on successful exit and growth strategies, including business valuation and value enhancement tactics to determine how and when to sell a business for optimal value.
Successful exits don't just happen—they're planned.
Locate an Exit Strategy Conference near you.
There are currently no upcoming conferences matching your search.
Please register your interests in future events.
Unable to Attend?
Not a problem, register your interest and we will let you know when an executive conference is next in your area.
About Generational
Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 350 professionals across 17 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including M&A advisory, exit planning education, business valuation, strategic growth advisory, wealth advisory, and digital solutions.
Celebrating its 21st year, Generational has successfully closed over 1,900 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $1 billion in 2024 and 2025.
The firm was named 2025 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in 2024 and 2025.