Exclusive Advisor to Star Truck Rentals, Inc.
KPMG Corporate Finance LLC acted as exclusive financial advisor to Star Truck Rentals, Inc.
KPMG Corporate Finance LLC was proud to serve as the exclusive financial adviser to the shareholders of Star Truck Rentals, Inc. (Star or the Company) on its sale to Penske Truck Leasing Co. LP.
Headquartered in Grand Rapids, Michigan, Star Truck Rentals is a leading full-service truck rental and leasing company. Founded in the 1860s, the Company has developed, through multiple generations of family ownership, to become one of the largest independent truck rental and leasing businesses in the country. With 18 locations throughout Michigan and northern Indiana, the Company serves a wide range of customers across diverse end markets through its fleet of over 2,000 vehicles.
Penske Truck Leasing is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania. A leading provider of innovative transportation solutions, Penske operates and maintains more than 418,000 vehicles and serves its customers from more than 930 maintenance facilities and more than 2,500 rental locations across North America. Solutions from Penske include full-service truck leasing, fleet maintenance, truck rentals, used trucks, and a comprehensive array of technologies to keep the world moving forward.
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