Norton Rose Fulbright LLP

10/18/2021 | Press release | Distributed by Public on 10/18/2021 08:35

San Antonio corporate team represents Rush Enterprises in US$350M acquisition

Our San Antonio office recently represented longtime client Rush Enterprises, Inc. (Rush) in connection with their US$350 million acquisition of Summit Truck Group (Summit).

Summit operates 24 International and Idealease truck dealerships across Arkansas, Kansas, Mississippi, Missouri, Oklahoma, Tennessee and Texas. The dealerships are engaged in commercial vehicle sales, leasing, rental, parts and service business for numerous manufacturers.

Rush operates the largest network of commercial vehicle dealerships in North America, with more than 100 dealership locations in 22 states. These vehicle centers represent manufacturers including Peterbilt, International, Hino, Isuzu, Ford, IC Bus and Blue Bird. Rush offers an integrated approach to meeting customer needs-from sales of new and used vehicles to aftermarket parts, service and collision center operations plus financing, insurance, leasing and rental.

The Norton Rose Fulbright team consisted of Daryl Lansdale, Gary McDaniel (San Antonio) and Stephen Nelson (New York).