TransForce Driver Staffing Acquires DriveForce operations and expands Oklahoma Presence
7/17/2013
TransForce Press Release
Alexandria, VA – July 17, 2013, TransForce, Inc. the nation’s leading driver staffing firm, has acquired the assets of DriveForce Transportation Services and DriveForce Transportation Services of Tulsa (DriveForce). DriveForce is a regional provider of high-quality commercial truck drivers and skilled industrial personnel with operations throughout Oklahoma.
“DriveForce is another perfect acquisition for us. Like TransForce, DriveForce was founded on the bases of quality, compliance and safety. Both companies have had success in focusing on customer service and providing the best opportunities for our drivers. DriveForce is a great addition to our company and a perfect fit in our acquisition strategy” said David Broome, President and CEO of TransForce.
“The DriveForce employees are truly excited about our future with TransForce. Not only does TransForce mirror our quality business practices, they mirror our hearts and dedication to the transportation industry. Our futures together will be extraordinary,” said Stacy Wheeler, President of DriveForce.
“Future acquisitions are part of our growth strategy. Along with organic growth, we continue to seek acquisitions with like-minded companies such as DriveForce, that are market leaders in providing quality and professional drivers to the industry,” said David Broome, President and CEO of TransForce. TransForce was advised in this transaction by its equity partners, The Argentum Group and First Analysis, and its financing partners, Merion Investment Partners and SunTrust Bank.
About TransForce
TransForce was founded in 1991 and has operations across the nation. TransForce specializes in providing high-quality commercial truck drivers to the transportation industry, including trucking companies, third party logistics companies and private fleets. TransForce also offers Department of Transportation (DOT) compliance services that include DOT audit preparedness, file qualification services and training, and federal motor carrier regulation education. TransForce is the only national staffing company exclusively devoted to the transportation industry. Accordingly, TransForce provides a high level of expertise with respect to both employing highly-skilled truck drivers and understanding the regulatory requirements that apply to truck drivers. No other national staffing company can provide such an exclusive focus. v
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DriveForcePressReleaseJuly2013.pdf