PE-backed RelaDyne buys Nick Barbieri Trucking

RelaDyne, which is backed by Audax Private Equity, has acquired Ukiah, California-based Nick Barbieri Trucking, a lubricant, gasoline and diesel fuel distributor, and card lock operator.

RelaDyne, which is backed by Audax Private Equity, has acquired Ukiah, California-based Nick Barbieri Trucking, a lubricant, gasoline and diesel fuel distributor, and card lock operator. No financial terms were disclosed.

PRESS RELEASE

Audax Private Equity portfolio company, RelaDyne, acquires Nick Barbieri Trucking

The Company
Nick Barbieri Trucking, based in Ukiah, CA, is a full-service lubricant, gasoline and diesel fuel distributor, and card lock operator serving the Northern California market.

The Deal
RelaDyne, a portfolio company of Audax Private Equity (“Audax”) has completed the acquisition of Nick Barbieri Trucking, representing the company’s 23rd acquisition under Audax ownership.

The Thesis
Audax acquired RelaDyne in July 2016 as one of the nation’s leading distributors of lubricants, fuel, and diesel exhaust fluid products, and providers of industrial reliability services, with the vision of expanding into a national platform through organic and acquisitive growth. The acquisition of Nick Barbieri Trucking is the first step in executing on RelaDyne’s West Coast expansion strategy, further expanding its national footprint. The combined management teams of RelaDyne and the acquired companies will work together to expand and enhance product and service offerings for customers.

For more information on RelaDyne’s acquisition strategy, please click here.