FleetPride buys Springfield Brake Co., 2 Premier Truck Parts facilities

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FleetPride Inc., an independent aftermarket distributor of heavy-duty truck and trailer parts, announced that it has acquired the assets of Springfield Brake Co. in Springfield, Mo.; Premier Truck Parts in Harrison, Ark.; and Premier Truck Parts of Joplin, based in Joplin, Mo. Each location operates both a parts counter and drive-in service bays. FleetPride now will have four locations each in both Missouri and Arkansas with these acquisitions, terms of which were not announced.

Johnny Johnson is a second-generation owner of Springfield Brake Co., which was founded in 1940 by Herb Johnson. In 1996, Johnny Johnson opened a location in Harrison under the entity Premier Truck Parts and in 1998 opened another Premier location in Joplin. Longtime Springfield Brake manager Allen Lumley will remain with FleetPride to oversee all three locations, and employment offers also have been extended to Springfield Brake and Premier Truck Parts employees.

“As a well-respected industry leader, Johnny Johnson has built three strong companies based on a foundation of unsurpassed customer service,” says Lee Stockseth, chief operating officer for FleetPride, based in The Woodlands, Texas. “Both Springfield Brake and Premier Truck Parts have a substantial customer base that is serviced through knowledgeable parts employees and trained technicians. Southern Missouri was targeted to fill a void in a strategic market. All three locations provide FleetPride with an excellent opportunity to better serve our local, regional and national account customers.”

“This acquisition is yet another example of FleetPride aligning with successful independent heavy-duty distributors while complementing the strategic expansion of our national footprint further into the Midwest,” says W.M. McGee, president and chief executive officer. “We are excited and proud to welcome the team members of Springfield Brake and Premier Truck Parts to our FleetPride family.”