Transportation Resource Partners

Transportation Resource Partners (“TRP”) seeks to make investments in growth oriented businesses in the transportation sector. The Firm capitalizes on strategic relationships, commercial synergies, and the transportation expertise of all of its partners, including Penske Corporation and its subsidiaries, partners, and affiliates.

Steven Carrel

Managing Director

23 past transactions

Lifted Trucks

Private Equity Round in 2021
Lifted Trucks is a top-rated dealership and the Southwest's premier custom truck dealer.

DTI

Venture Round in 2021
DTI provides supply chain and program management to automotive OEMs and suppliers for tooling design and manufacturing. The company was founded in 2004 and is headquartered in Livonia, Michigan.

Priority Waste

Venture Round in 2020
Priority Waste is a locally owned and operated provider of comprehensive waste and recycling services tailored for residential, commercial, and demolition customers. The company operates in various locations, including Dearborn Heights and Flint, offering a range of solutions such as construction services, permanent containers, and compactors. By focusing on individual customer needs, Priority Waste aims to deliver effective waste management and recycling programs.

Flex Fleet Rental

Venture Round in 2019
Flex Fleet Rental offers 4×4 light-duty truck rentals to commercial operations and consumers nationwide. We are a team of truck rental professionals who focus on customer relationships and making the truck rental process more efficient. We deliver the right trucks, at the right time, and in the right place. We offer light and heavy duty pick up trucks (including 1/2 ton and 3/4 ton trucks) and flatbed trucks (including 1 ton and 1.5 ton trucks).

CarLotz

Venture Round in 2017
CarLotz, Inc. is a retailer specializing in the sale of used cars and motorcycles, offering a diverse range of vehicles including cars, SUVs, trucks, and vans. Founded in 2011 and based in Richmond, Virginia, the company operates multiple locations across Virginia, Florida, Illinois, Texas, and North Carolina. CarLotz provides a platform that facilitates safe and efficient transactions between private buyers and sellers, eliminating the typical challenges associated with used car sales, such as negotiations and arranging test drives. The company also offers additional services, including inspection, cleaning, photography, financing, warranties, and listings on major car buying websites. Its business model focuses on creating a convenient and enjoyable experience for customers while ensuring a comprehensive selection of vehicles and a seamless buying process.

QLS

Venture Round in 2016
QLS provides extensive backgrounds in trucking and automotive, Leo and Jeff saw the need to perform proactive quality services for suppliers in OEM plants. With clear benefits for both suppliers and OEMs, QLS has expanded across North America. Today we’re proud to say we’ve helped thousands of quality professionals improve product quality.

Endurance

Acquisition in 2015
Endurance Warranty offers extended auto warranties through auto dealerships as well as direct-to-consumer platforms. The company is also specialized in the administration of vehicle service contracts. Endurance Warranty was founded in May 2006 by Paul Chernawsky and Jordan Batt.

Premier Truck Group

Venture Round in 2013
Premier Truck Group, operates as a dealer for new commercial and used trucks. It also offers parts for the new and used trucks; and services and stock parts for Thomas buses, and other makes of medium and heavy duty trucks. In addition, the company provides 24-hour roadside repair, air conditioning, alignments, alternator/starter repairs, diagnostics, DOT inspection, drive shaft, electrical engine repairs, electronic/electrical repairs, engine rebuilds, express lane service, flywheel machining, frame alignment, hydraulics, machine shop, motorhome, oil/lube, paint/body shop, radiator, refrigeration, RV body and chassis, glass repair, suspension/springs, tire repair, towing, trailer repair/services, transmission/differential, and welding; and truck rental and leasing services.

4Refuel

Venture Round in 2013
4Refuel pioneered the Mobile On-site Refueling (MOR) industry in Canada and has built an unmatched market presence servicing over 900 cities across Canada, delivering over 3.5 million unique fueling transactions annually. They are the largest, most trusted and sophisticated on-site fuel provider in North America, serving over 6,000 clients annually. 4Refuel provides service to a range of large and small clients, ranging in size from one piece of equipment to thousands. 4Refuel is the only on-site fuel provider whose core business is direct-to-equipment on-site refueling. They have the largest presence, giving us the ability to reliably serve customers across the country; from coast to coast, and in both large and small communities.

Tire Group International

Private Equity Round in 2011
Tire Group International, LLC is a prominent distributor of tires and related products, operating globally since its establishment in 1992. Headquartered in Miami, Florida, the company has expanded its reach with sales offices in several Latin American countries, including Venezuela, Peru, Ecuador, Brazil, the Dominican Republic, and Mexico, as well as logistics and engineering offices in China. Tire Group International offers an extensive selection of over 40 tire brands, catering to various segments of the automotive industry, including passenger cars, light trucks, heavy trucks, agricultural vehicles, industrial vehicles, and specialty tires. In addition to tires, the company provides tubes, automotive wheels, and repair products, serving wholesalers, retailers, dealerships, and mechanics. This comprehensive portfolio positions Tire Group International as a key player in the tire distribution market.
Commonwealth Laminating & Coating, a division of CPFilms Inc., is a manufacturing company with a strong emphasis on solar control window films and precision, high-performance coatings. Headquartered in Martinsville, Virginia, U.S.A, CLC combines a state-of-the-art manufacturing facility, proprietary and highly technical processes, efficient global distribution capabilities, and a flexible work force to produce a broad range of high quality products.

Mastercraft

Acquisition in 2007
MasterCraft Boat, a world-renowned innovator, designer, manufacturer, and marketer of premium performance sport boats. Founded in 1968, MasterCraft has cultivated its iconic brand through a rich history of industry-leading innovation, and more than four decades after the original MasterCraft made its debut the company's goal remains the same - to continue building the world's best ski, wakeboard, wakesurf and luxury performance powerboats.

National Powersport Auctions

Acquisition in 2006
National Powersport Auctions is the number one provider of auction and remarketing services in the powersports industry. Created over 25 years ago by founders from the industry, NPA serves lenders and dealers throughout the nation with a complete range of auction-related services. They realize they play an important role in the growth and profitability of all their customers, and they are dedicated to providing them with the tools and first-class service they need to be successful.

Smith Systems

Venture Round in 2006
Smith Systems Inc. is a privately owned manufacturer of speed sensors, motion sensors and temperature sensors, as well as sensor controls, custom instrumentation, and cable harnessing associated with these devices. Their capabilities range from commercial standards (found in assembly and process machinery), to the high reliability sensors used in aerospace applications, to durable products for reliable sensor performance in harsh environments. They are a qualified source for flight hardware and have supplied products for civilian, military applications and space flight. These products are designed to survive high vibration and extremes of thermal and mechanical shock.

Versant Supply Chain

Acquisition in 2006
Versant Supply Chain is a leading comprehensive supply chain services provider. Versant focuses on providing innovative solutions that go beyond the conventional approach to offer truly different distribution through a comprehensive and sophisticated analysis tool used to understand every facet of your supply chain.

HomeDirectUSA

Acquisition in 2005
HomeDirectUSA is more than just a shipping company. It's a group of distribution strategists — people who can show you how streamlining your supply chain can benefit your entire company. Unlike our competitors, we've figured out how to bring together the benefits of high-touch service and high-tech intelligence. The result is a company you can count on to handle your entire distribution process with care.

Penske Vehicle Services

Private Equity Round in 2005
Penske Vehicle Services is an automotive company specializing in vehicle lifecycle management, body paint, and fabrication services. As a wholly owned subsidiary of Penske Truck Leasing Co., LP., it provides outsourced vehicle management services to automotive original equipment manufacturers. The company employs over 700 people and operates more than 50 locations across the United States and Canada. Penske Vehicle Services focuses on fleet analysis, tracking, and maintenance, offering efficient solutions tailored to client needs. Its extensive presence in North America, coupled with the broader resources of the Penske organization, creates significant opportunities for synergy and enhances its asset management capabilities.

Autocam

Venture Round in 2004
Autocam Corporation specializes in the design and manufacture of precision-machined components, primarily serving the transportation and medical device industries. The company produces a wide range of components for fuel system technologies, including gasoline and diesel injection systems, high-pressure pumps, and fuel rail fittings. Additionally, Autocam supplies components for braking, transmission, and electric motor systems, as well as medical devices such as ophthalmic surgical instruments and orthopedic implants. Its products are utilized in various applications, including passenger vehicles, commercial and recreational vehicles, power generation, and marine sectors.

Terion

Venture Round in 1998
Terion specializes in providing innovative solutions for the untethered trailer tracking market. The company has developed a unique system from the ground up, focusing on two-way wireless communication for mobile applications within the transportation sector. Terion, in partnership with Equipment Services, operates more than 100,000 tracking and monitoring units on over-the-road trailers across the United States and Europe, enhancing visibility and efficiency in trailer management.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.