Generational Group Advises Foster's Truck & Trailer, Inc. in its Sale to The Service Company

DALLAS--(BUSINESS WIRE)--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."

About Generational Group

Generational Group, headquartered in Dallas, is a leading, award winning, full-service M&A advisory firm. With over 300 professionals across 15 offices in North America, the company helps business owners unlock the full value of their businesses through a comprehensive suite of advisory services. These services include strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.

Generational Group was honored as the 2024 USA Investment Banking Firm of the Year by the Global M&A Network and named Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022. The firm also received recognition as Valuation Firm of the Year and Consulting Firm of the Year in 2022 and 2023, further cementing its reputation as a leader in M&A advisory services.