Tuckahoe Holdings Acquires Gateway Dealer Network, a Leading Industrial Equipment Dealership Network, from Brightstar Capital Partners
RICHMOND, Va. and ST. LOUIS, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Tuckahoe Holdings (“Tuckahoe”), a family-run diversified holding company, today announced the acquisition of Gateway Dealer Network (“GDN” or the “Company”), a prominent provider of industrial equipment, from Brightstar Capital Partners (“Brightstar”), a middle market private equity firm.
- RICHMOND, Va. and ST. LOUIS, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Tuckahoe Holdings (“Tuckahoe”), a family-run diversified holding company, today announced the acquisition of Gateway Dealer Network (“GDN” or the “Company”), a prominent provider of industrial equipment, from Brightstar Capital Partners (“Brightstar”), a middle market private equity firm.
- GDN CEO John Hopper and the senior management team are expected to continue to lead the Company moving forward.
- Headquartered in St. Louis, Missouri, GDN operates principally as a provider of Bobcat®-branded industrial equipment across a footprint of 31 locations in 10 states throughout the Midwest, Southeast, and Western US.
- In addition to operating as a dealer of new and used equipment, the Company provides parts and services for industrial equipment and maintains a rental fleet.