Velocity Vehicle Group Overview
- Year Founded
-
1998
- Status
-
Private
- Employees
-
2,500
- Latest Deal Type
-
Repurchase
- Financing Rounds
-
2
- Investments
-
4
Velocity Vehicle Group General Information
Description
Operator of a commercial vehicle company committed to becoming the one-stop shop for truckers, owner-operators, school buses, fleets, and companies. The company, through its subsidiaries, specializes in handling new and used commercial vehicle sales, maintenance, parts distribution, and vehicle rental and leasing operations along with a commercial equipment financing platform, ensuring its clients with the safe and efficient delivery of their goods.
Contact Information
Website
www.velocityvehiclegroup.comCorporate Office
- 2429 South Peck Road
- Whittier, CA 90601
- United States
Corporate Office
- 2429 South Peck Road
- Whittier, CA 90601
- United States
Velocity Vehicle Group Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Velocity Vehicle Group Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Velocity Vehicle Group Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Velocity Vehicle Group Investments (4)
Velocity Vehicle Group’s most recent deal was a Buyout/LBO with Velocity Truck Centres Canada. The deal was made on 01-Nov-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Velocity Truck Centres Canada | 01-Nov-2023 | Buyout/LBO | Road | ||
| Terminal Industries | 20-Jul-2023 | Seed Round | Business/Productivity Software | ||
| AP Eagers (Daimler truck business) | 04-May-2021 | Buyout/LBO | Automotive | ||
| SVT Fleet Solutions | Buyout/LBO | Road |
Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| SVT Fleet Solutions | Los Angeles, CA | 2023 | |
| Velocity Truck Centres Canada | Edmonton, Canada | 1978 |
Velocity Vehicle Group FAQs
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When was Velocity Vehicle Group founded?
Velocity Vehicle Group was founded in 1998.
-
Where is Velocity Vehicle Group headquartered?
Velocity Vehicle Group is headquartered in Whittier, CA.
-
What is the size of Velocity Vehicle Group?
Velocity Vehicle Group has 2,500 total employees.
-
What industry is Velocity Vehicle Group in?
Velocity Vehicle Group’s primary industry is Automotive.
-
Is Velocity Vehicle Group a private or public company?
Velocity Vehicle Group is a Private company.
-
What is Velocity Vehicle Group’s current revenue?
The current revenue for Velocity Vehicle Group is .
-
How much funding has Velocity Vehicle Group raised over time?
Velocity Vehicle Group has raised $500M.
-
Who are Velocity Vehicle Group’s investors?
DNS Capital and The Cranemere Group have invested in Velocity Vehicle Group.
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