Vanguard Truck Centers, a multi-regional, full-service commercial truck dealer group and leasing operation of Volvo Trucks North America (VTNA), has acquired Charlotte-based Advantage Truck Centers and Advantage Truck Leasing.
The acquisition of Advantage expands Vanguard’s authorized Volvo Trucks dealership footprint from 20 to 23 locations, adding three Volvo locations in North Carolina, including sales and service operations in Charlotte, Greensboro and Hickory. The expanded group now has about 900 employees, a total of 360 Volvo Trucks service bays, and an extensive parts inventory.
“The addition of Advantage Truck Centers strengthens Vanguard’s position as one of the largest Volvo Trucks dealer groups in North America and one of the largest dealer-owned leasing companies,” said Peter Voorhoeve, president at VTNA. “Vanguard and Advantage have been outstanding ambassadors of the Volvo Trucks brand, proven by more than 25 years of dedication to performance, safety, service and improving our customers’ ownership experiences.”
Vanguard was founded in 1989, acquiring its first Volvo Trucks dealership in Atlanta in 1994.
“We are proud to welcome Advantage Truck Centers and Advantage Truck Leasing to the Vanguard family,” said Tom Ewing, president and CEO of Vanguard Truck Centers. “I have tremendous admiration for what Advantage has accomplished in North Carolina, and Vanguard will continue to build on that standard of excellence by providing best-in-class trucks, parts, service, and leasing for our customers.”