Reading Truck Group, LLC
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Reading Truck Group, LLC - overview
Established
1955
Location
Reading, PA, US
Primary Industry
Automobiles, Other Vehicles & Parts
About
Reading Truck Group, LLC, based in the US, specializes in designing and manufacturing robust work truck bodies for various industries, enhancing functionality and safety for demanding work environments. Reading Truck Group, LLC is focused on the design and manufacturing of work truck bodies. Founded in 1955 and headquartered in Reading, US, the company has undergone strategic changes, including its acquisition by J. B.
Poindexter & Co. , Inc. in November 2015, which was aimed at supporting its long-term growth. The CEO is Daniel Perlman.
Reading Truck specializes in the design and manufacture of high-quality work truck bodies tailored for various industries, including construction, landscaping, and utility services. Their core product offerings include RM Crane Bodies, service bodies, hauler and platform bodies, and enclosed bodies, all engineered to enhance functionality and safety in demanding work environments. Each product is customizable, allowing for diverse applications such as tool transport, equipment storage, and bulk material handling. The company serves a wide range of customers, from small businesses to large fleet operators, across several geographical markets including the United States and select regions in Canada.
Reading Truck generates revenue through the sale of specialized truck bodies and associated services, primarily operating in a B2B framework that caters to businesses in need of robust work vehicles. Transactions occur through direct sales to end-users or via authorized distributors, with ongoing revenue streams supported by maintenance and upfitting services. Specific pricing information for flagship products like RM Crane Bodies and service bodies is not disclosed, but the company emphasizes tailored solutions that meet diverse client needs. Reading Truck Group, LLC is pursuing a strategic growth plan that focuses on expanding into new geographic markets and developing innovative products.
Following its acquisition in November 2015, the company aims to enhance its product offerings and explore new regions for market entry, leveraging the support from J. B. Poindexter & Co. , Inc.
The recent acquisition is expected to provide the necessary resources to support these growth initiatives.
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts
Website
www.readingbody.com
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Reading Truck Group, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Reading Truck Group, LLC | - | ||||||||
| Buyout | Completed | Reading Truck Group, LLC | - |
Displaying 1 - 2 of 2

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.