Less than two months after being acquired itself, Indianapolis-based Dickinson Fleet Services is continuing its own acquisition spree by taking ownership of Diesel Minnesota, a commercial truck repair business based in St. Paul, Minnesota.
The acquisition, announced Tuesday, was the 11th for Dickinson since 2017. Financial terms were not disclosed.
Dickinson, one of the nation’s largest mobile maintenance companies for medium- and heavy-duty trucks and trailers, said the purchase will help it expand its geographic reach.
Diesel Minnesota, founded in 2006, is expected to grow under the new ownership. The company has about 25 employees and provides mobile services, truck repair, trailer repair, towing and inspections in the Twin Cities area.
“Becoming a part of Dickinson will allow us to create greater stability for our employees and better support our long-standing relationships with customers in our area,” Diesel Minnesota co-owners Darcy Anderson and Robert Anderson said in a written statement. “We’re proud to have developed the relationships we have with our employees, customers and partners over the last 15 years, and we know that these relationships will remain strong and grow deeper as a direct result of this acquisition.”
Dickinson was acquired in late December by Atlanta-based Cox Automotive Inc., the parent company of Autotrader and Kelley Blue Book. Dickinson is expected to pursue more acquisition targets across North America under Cox’s ownership.
Headquartered at 4709 W. 96th St., Dickinson was founded in 1997 by now-retired brothers Bob Dickinson and Dick Dickinson. It has about 1,000 employees overall, including 200 in Indianapolis. It operates 18 nationwide service centers and a fleet of more than 700 mobile repair units.