RPM moves into luxury/exotic vehicle transport with acquisition of Dealers Choice
Image courtesy of RPM Freight Systems.
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RPM Freight Systems, backed by private equity firms Trive Capital and Bluejay Capital, has acquired Dealers Choice Auto Transport, a provider of premium VIP and luxury vehicle transportation services, the companies announced.
In a news release, RPM, an international non-asset-based logistics and supply chain company, said the strategic move is designed to bridge the gap between large-scale logistics and specialized dealership service and create a faster, more transparent, high-quality vehicle transport experience for customers on both sides of the transaction.
“The acquisition of Dealers Choice Auto Transport further solidifies RPM’s position as a comprehensive, full-service logistics platform for the entire vehicle lifecycle,” Trive Capital partner Andrew Frank said. “Trive is excited to continue supporting RPM as they continue to accelerate their leadership in the vehicle logistics industry.”
The combination of RPM’s logistics network and technology platform with Dealers Choice’s high-touch customer service gives RPM a stronger presence in the dealer-to-dealer, auction and personal sectors, the company said, and allows RPM to provide the specialized, reliable “white glove” care required for high-line dealerships, exotics, classic cars and personally owned vehicle moves.
“This acquisition opens us up to yet another industry vertical and continues to propel our growth with our current dealership and auction partners,” RPM North America president John Perkovioch said. “This combination will allow us to provide enhanced reliability and capacity during peak seasons, snowbird periods and high-demand auction cycles. We are united in our commitment to solving the most complex logistics challenges.”
For Dealers Choice, which has been moving specialized and luxury vehicles for dealership groups and auto auctions across North America for two decades, the integration of its specialized carrier network with RPM’s logistics offers operational efficiency and end-to-end visibility for its customers.
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Dealers Choice Auto Transport will continue to operate under its established brand name, and all day-to-day operations, service commitments and contacts will remain the same.
“Joining RPM is a fantastic opportunity for our team and our customers after more than 20 years of service,” Dealers Choice president and CEO Steven Yariv said. “Our deep roots in the exotic luxury dealership community and our focus on reliable, on-time delivery align perfectly with RPM’s values. Together, we will be able to offer an even more powerful set of tools and a broader network, all while maintaining the personal care and reliability our customers have come to expect from us.”