Acquiring Company
Rush Truck Centres of Canada
Acquired Company
Leeds Transit
Description
Rush Truck Centres of Canada has acquired Leeds Transit, a leading Canadian bus dealership group. The newly formed division will operate as Rush Bus Centres of Canada and continue operations at Leeds Transit locations. This acquisition aims to expand Rush's dealership footprint in Canada and enhance their product offerings. CEO Kevin G. Tallman expressed excitement about welcoming Leeds Transit employees to the Rush family.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed